CurrencyNewsBreaks – D. Boral ARC Acquisition I Corp. (NASDAQ: BCARU) Closes $250 Million IPO
D. Boral ARC Acquisition I Corp. (NASDAQ: BCARU) today announced the closing of its initial public offering of 25 million units at $10.00 per unit, raising $250 million in gross proceeds. Each unit comprises one Class A ordinary share and one-half of one redeemable public warrant, exercisable at $11.50 per share. Once separated, the shares and warrants are expected to trade on Nasdaq under the symbols “BCAR” and “BCARW,” respectively. The company has granted underwriters a 45-day option to purchase up to an additional 3.75 million units, which could increase total proceeds to $287.5 million. Net proceeds from the offering…