ARC Group Acquisition I Corp

Arclight Clean Transition Corp. (ARCL) is a blank check special purpose acquisition company (SPAC) that completed its Initial Public Offering on May 1, 2026, raising gross proceeds of $105,000,000 from the sale of 10,500,000 units at $10.00 per unit, plus an additional $15,750,000 from the underwriter's exercise of the over-allotment option. The company generates no operating revenue. It holds $120,750,000 in a trust account invested in U.S. government treasury bills with maturities of 185 days or less, or in qualifying money market funds, pending completion of an initial business combination. A concurrent private placement of 200,000 units to the Sponsor at $10.00 per unit generated $2,000,000 in additional proceeds. The company pays its Sponsor $20,000 per month for office space, secretarial, and administrative support, beginning April 30, 2026. ARCL is classified as a smaller reporting company and emerging growth company as of its 10-Q filed May 14, 2026.