Exascale Labs Inc. and D. Boral ARC Acquisition I Corp. have scheduled an Extraordinary General Meeting for July 29, 2026, to seek shareholder approval for their proposed business combination. The meeting is set to take place at 10:00 Eastern Time at the offices of Loeb & Loeb LLP in New York and virtually via www.proxydocs.com/BCAR . The transaction, initially agreed upon on January 11, 2026, aims to merge the AI infrastructure provider with the special purpose acquisition company.

D. Boral ARC Acquisition I Corp. shareholders of record as of Monday, July 6, 2026, are eligible to attend and vote at the meeting. The companies have filed a definitive proxy statement with the U.S. Securities and Exchange Commission (SEC), which includes the proposals to be presented and instructions for voting. BCAR has urged shareholders to complete and return proxy cards promptly to ensure their shares are represented.

The business combination is expected to close shortly following the shareholder meeting, subject to approval and the satisfaction of closing conditions. Upon completion, the combined entity will operate under the name Exascale Labs Holdings Inc. Its shares are anticipated to list on Nasdaq under the ticker symbol XLAB.

Exascale Labs provides next-generation AI compute infrastructure, operating an asset-light, software-defined GPU compute platform. Its core offerings include GPU-as-a-Service, reserved and on-demand access to high-performance compute capacity, and cluster management services for AI data centers. The company has also developed modular data center solutions, including high-density cooling and energy storage systems, to address deployment bottlenecks in AI infrastructure.

D. Boral ARC Acquisition I Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, or similar business combination with one or more businesses. The Registration Statement on Form S-4 (File No. 333-297214), which includes the proxy statement, has been mailed to shareholders and is available on the SEC website.

Key Meeting Details

Participants in the solicitation include Exascale, BCAR, and their respective directors and executive officers. Information regarding their interests and ownership of securities is contained in the Registration Statement and the Proxy Statement. Shareholders can obtain copies of these documents without charge at www.sec.gov or by requesting them from the companies.