ARC Group Acquisition I Corp. 8K
0001493152-26-042241
View on SEC EDGARARC Group Acquisition I Corp. agreed to acquire all shares of Malaysian moneylender Firstborn Top Capital Sdn. Bhd. for up to $1 billion in ARC Class A ordinary shares, subject to customary adjustments and ancillary agreements, with no minimum cash condition.
On September 10, 2026, ARC Group Acquisition I Corp., a British Virgin Islands special purpose acquisition company, entered into a Share Purchase Agreement with Firstborn Top Capital Sdn. Bhd., a Malaysian licensed moneylending business, and its selling shareholders under which ARC will acquire 100% of the equity of Firstborn Top Capital in exchange for up to approximately $1.0 billion in ARC Class A ordinary shares (subject to net debt, working capital and transaction-related adjustments, and potential earn-outs), with no minimum cash condition, in a transaction to be completed at closing alongside related support, lock-up, employment, indemnification and potential PIPE subscription arrangements.
Filing Facts
- CIK
- 2073515
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001493152-26-042241
- Alert Tier
- 8