D. Boral ARC Acquisition I 10-K: $0 Revenue, $0.16 EPS

D. Boral ARC Acquisition I reported no operating revenue for the period and posted net income of $4.456 million—driven primarily by $4.776 million of interest income on its trust account—resulting in basic and diluted net income per ordinary share of $0.16. Operating activities generated a loss from operations of $0.321 million. The company continues to pursue an initial business combination while maintaining capital for transaction evaluation. Financial Highlights Revenue: $0 (no operating revenues reported for the period)Operating Income: $(0.321) million (Loss from Operations of $(320,658))Net Income: $4.456 million (primarily interest income on trust account of $4,776,628)Net Income Per Share: $0.16 (Basic and diluted net income per ordinary share)Gross Profit: $0 Business Highlights Business Combination Strategy: Pursuing an initial business combination with focus sectors including technology, healthcare and logistics; has a signed merger agreement to acquire Exascale.Capital Formation & IPO Execution: Completed an IPO and related private placement to raise proceeds intended to fund target search and transaction-related activities.Operational Readiness: Established public company infrastructure and anticipates increased public-company operating costs and due diligence expenses going forward.Liquidity & Transaction Timeline: Maintains funds outside its trust account for deal evaluation and has an 18-month window (with a possible one-time 3-month sponsor option) to close a business combination.Original SEC Filing: D. Boral ARC Acquisition I Corp. [ BCAR ] - 10-K - Mar. 16, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.