Recent Updates — FJDIW

The Nasdaq Stock Market notified ARC Group Securities Acquisition I that its outstanding warrants are no longer in compliance with the Nasdaq Global Market continued listing criteria because their aggregate market value fell below $1 million. The company has 45 calendar days, until December 4, 2026, to submit a plan to regain compliance and may receive an extension of up to 180 days, until April 18, 2027, to demonstrate compliance. This notice applies only to the warrants and does not affect the listing or trading of the company's units, ordinary shares, or rights. The company intends to submit a compliance plan but cannot assure that it will regain or maintain compliance. ARC Group Securities Acquisition I is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination.

ARC Group Securities Acquisition I consummated its initial public offering on August 5, 2026, selling 10,500,000 units at $10.00 per unit for gross proceeds of $105,000,000. Each unit comprises one Class A ordinary share, one warrant exercisable at $11.50 per share, and a right to acquire 1/4 of an ordinary share upon business combination. Simultaneously, the company completed a private placement of 140,000 units to its sponsor for $1,400,000. Total proceeds of $106,400,000 were deposited into a U.S.-based trust account. The underwriters hold an unexercised option to purchase up to 1,575,000 additional units. This company operates as a blank check company (SPAC) formed to effect a merger or business combination with one or more businesses.