D. Boral Arc Acquisition I Corp. Reports Working Capital Deficit of $189,461 as of June 30, 2025; $250 Million Raised in IPO Post-Quarter
Reuters
Sep 04, 2025
D. Boral Arc Acquisition I Corp. Reports Working Capital Deficit of $189,461 as of June 30, 2025; $250 Million Raised in IPO Post-Quarter
D. Boral Arc Acquisition I Corp. reported its financial results for the quarter ending June 30, 2025. The company, which has not yet engaged in any operations or generated any revenues, recorded a net loss of $36,000, attributed to operating costs. Since its inception, D. Boral Arc Acquisition I Corp.'s activities have been limited to organizational tasks and preparations for its initial public offering $(IPO)$. The company anticipates generating non-operating income from interest on cash and marketable securities following its IPO and foresees increased expenses related to its public company status and due diligence for a potential business combination. The company has not yet provided any specific financial outlook or guidance.
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