Blank-check company ARC Group Securities Acquisition I (FJDIU) has $105M in trust and an Aug. 5, 2027 deadline to close a deal or liquidate.
ARC Group Securities Acquisition I (FJDIU), a Cayman Islands SPAC, raised $105M from its IPO and private placement, placing proceeds in a trust. It reported a net loss of $51,529 for the six months ended June 30, 2026, with a working capital deficit of $381,746. The company must complete a deal by August 5, 2027, or liquidate, raising going-concern risks.