MergerJul 8, 2026, 06:52 AM
BCAR Schedules EGM for Exascale Labs Merger Approval
AI Summary
D. Boral ARC Acquisition I Corp. (BCAR) announced the scheduling of an Extraordinary General Meeting (EGM) for its shareholders on July 29, 2026, at 10:00 AM Eastern Time. The EGM is being held to approve the previously announced business combination with Exascale Labs Inc. Shareholders of record as of July 6, 2026, are eligible to vote. Upon closing, the combined entity will be named Exascale Labs Holdings Inc. and is expected to trade on Nasdaq under the ticker symbol "XLAB."
Key Highlights
- Extraordinary General Meeting (EGM) for BCAR shareholders scheduled for July 29, 2026, at 10:00 AM ET.
- EGM purpose is to approve the business combination with Exascale Labs Inc. and related matters.
- Shareholders of record as of July 6, 2026, are eligible to vote at the Meeting.
- Meeting will be held physically at Loeb & Loeb LLP offices and virtually via www.proxydocs.com/BCAR.
- Business Combination expected to close shortly after shareholder approval.
- Combined company will operate as Exascale Labs Holdings Inc. and trade on Nasdaq under 'XLAB'.
Price Impact
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