ARC Group Acquisition I Corp closes IPO of 12.075M units at $10, gross proceeds $120.75M

ARC Group Acquisition I Corp.

IPO of 12,075,000 units at $10.00/unit; includes full exercise of over-allotment of 1,575,000 units.
Gross proceeds $120,750,000 placed in trust account for future business combination.
Private placement of 200,000 units to sponsor MFH 2, LLC raises additional $2.0M.
Audited balance sheet shows cash in trust $120.75M, working capital $1.18M as of May 1, 2026.
Company has 12 months from IPO (plus optional 3-month sponsor extension) to complete a business combination.

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