ARC Group Acquisition I Corp (ARCL)

ARC Group Acquisition I Corp is a special purpose acquisition company, or blank check company, formed to complete a merger, share exchange or similar business combination with one or more operating businesses. It has no operations of its own.

The company has said it is focusing on businesses in technology, healthcare and logistics. It has entered into a definitive share purchase agreement with Firstborn Top Capital, a private company based in Malaysia. ARC Group Acquisition I is based in Tempe, Arizona, and its Class A ordinary shares trade on Nasdaq.