{"url_path":"/sec/arclu/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sale of Equity Securities and Use of Proceeds.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2073515/0001493152-26-023139-index.html","accession_number":"0001493152-26-023139","cik":"0002073515","ticker":"ARCL","issuer_name":"ARC Group Acquisition I Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2073515/0001493152-26-023139-index.html","primary_entity_key":"0002073515","primary_entity_name":"ARC Group Acquisition I Corp."},"word_count":309,"has_tables":true,"body_markdown":"**Item\n2. Unregistered Sale of Equity Securities and Use of Proceeds.**\n\n \n\nOn\nMay 27, 2025, we issued an aggregate of 12,321,429 Class B ordinary shares (“Founder Shares”) Founder Shares to the Sponsor\nfor an aggregate purchase price of $25,000 in cash. The funds were offset with the Promissory Note upon the IPO. On December 3, 2025,\nour sponsor surrendered 4,928,572 Class B ordinary shares it held for no consideration, leaving sponsor with 7,392,857 Class B ordinary\nshares for an aggregate purchase price of $25,000 (up to 964,286 of which are subject to forfeiture by the holders thereof depending\non the extent to which the underwriter’s over-allotment option is exercised). On April 6, 2026 pursuant to the second downsize of\nthe Proposed Public Offering, our sponsor further surrendered 2,217,857 Class B ordinary shares for no consideration, leaving sponsor\nwith 5,175,000 Class B ordinary shares for an aggregate purchase price of $25,000 (up to 675,000 which are subject to forfeiture\nby the holders thereof depending on the extent to which the underwriter’s over-allotment option is exercised). As of May 1, 2026,\nFollowing the fully exercise of over-allotment options by the underwriters, no insider shares are subject to forfeiture.\n\n \n\nOn\nMay 1, 2026, we consummated its Initial Public Offering of 10,500,000 units, at $10.00 per Unit, generating gross proceeds of $105,000,000.\nEach Public Unit contains one Class A ordinary share, one right, and one redeemable warrant. On May 1, 2026, the underwriter purchased\nan additional 1,575,000 units pursuant to the exercise of the over-allotment option. The units were sold at $10.00 per Public Unit, generating\nadditional gross proceeds to the Company of $15,750,000.\n\n \n\nSimultaneously\nwith the consummation of the closing of the Initial Public Offering, we consummated the private placement of an aggregate of 200,000\nunits to the Sponsor at a price of $10.00 per Private Unit, generating gross proceeds of $2,000,000."}