D. Boral Acquisition I Corp. 8-K

What Happened

• On February 12, 2026, D. Boral Acquisition I Corp. announced it consummated its initial public offering (IPO) of 28,750,000 units (including a full 3,750,000-unit over-allotment), at $10.00 per unit, generating gross proceeds of $287,500,000.
• Simultaneously, the Company completed a private placement of 200,000 units to its Sponsor at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant; each whole warrant is exercisable to purchase one Class A ordinary share at $11.50 per share.
• A total of $287,500,000 (IPO plus private placement) was deposited into a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company. An audited balance sheet as of February 12, 2026 reflecting receipt of these proceeds was filed as Exhibit 99.1.

Key Details

• IPO units sold: 28,750,000 (includes 3,750,000 units from full exercise of underwriters’ overallotment).
• Private placement: 200,000 units to Sponsor at $10.00 each; no underwriting discounts/commissions paid on that sale.
• Total gross proceeds: $287,500,000 placed in a trust account (Continental Stock Transfer & Trust Company).
• Warrant terms: each whole warrant exercisable to buy one Class A share at $11.50; private placement warrants are identical to IPO warrants except as disclosed in the registration statement.

Why It Matters

• For investors, this filing confirms the SPAC-like company has completed its capital raise and secured cash ($287.5M) in a trust account — the funds that will typically be used to pursue a business combination.
• The audited balance sheet and confirmation of funds in trust are material because they verify the company’s cash position following the IPO and private placement, which is a key factor for the timing and credibility of any future merger or acquisition activity.