Subscription Agreement between D. Boral ARC Acquisition I Corp. and MFH 1, LLC for Class B Ordinary Shares
D. Boral ARC Acquisition I Corp. and MFH 1, LLC have entered into an agreement where MFH 1, LLC will purchase 12,321,429 Class B ordinary shares of the company for $25,000. MFH 1, LLC agrees to accept the shares under the company's Memorandum and Articles of Association, and its details will be entered into the company's register of members. The agreement is signed by representatives of both parties and dated March 25, 2025.
Exhibit 10.7
SUBSCRIPTION AGREEMENT
| TO: | The Directors of D. Boral ARC Acquisition I Corp. (the “Company”). |
We hereby subscribe for 12,321,429 Class B ordinary shares of the Company (the “Shares”). In consideration for the issue of the Shares, we hereby agree and undertake to pay $25,000 to the Company.
We agree to accept the Shares subject to the Memorandum and Articles of Association of the Company and we authorize you to enter the following name and address in the register of members of the Company:
| Name: | MFH 1, LLC | |
| Address: | 10 E. 53rd St. Suite 3001 New York, NY 10022 |
MFH 1, LLC
| Signed: | /s/ John Darwin | |
| Name: | John Darwin | |
| Dated: | March 25, 2025 |
| Accepted: | ||
| D. BORAL ARC ACQUISITION I CORP. | ||
| Signed: | /s/ David Boral | |
| Name: | David Boral | |
| Title: | Chief Executive Officer | |
| Dated: | March 25, 2025 | |
