The coin. Launched on day one of Arc mainnet. Its trading fees have exactly one job.
The company. ARC Group Acquisition I, Nasdaq: ARCL. A blank-check company holding $120.75 million and looking for something to buy.
The chain. Circle's Layer 1, gas paid in USDC, validators are BlackRock, Visa, Mastercard and DTCC.
Fees from every trade are collected in USDC and spent on ARCL shares on Nasdaq. Nothing else. Buy enough of them and the holders own a listed company outright — the first memecoin in history to do it, settled on the chain Wall Street built.
Updated by hand after each purchase, with the fill posted on X. It reads zero until the first buy clears. That's the point — nothing here is claimed before it's true.
Not price. Not holders. Not how the chart looks on a Tuesday. The share count.
A memecoin that says it will buy a company and then quietly buys nothing is the default outcome in this corner of the market. So this project keeps a scoreboard with one line on it, and every claim on this page resolves to that line going up.
If the number stays at zero, the project failed, and the page will say so.
In April 2026, a company with no product, no revenue and no operations listed on Nasdaq. ARC Group Acquisition I sold 12,075,000 units at ten dollars each, put the cash in trust, and made one promise: go find a business worth buying, and merge with it.
That's what a SPAC is. A pile of money with a ticker. A blank check, made out to nobody, waiting for a name.
Five months later Circle switched on Arc — a chain where gas is paid in dollars and the validator set is the traditional financial system. Built explicitly so institutions could settle capital markets on-chain.
The blank check and the chain for buying things share a name. That's not a strategy. But it is a very good reason to start.
Arc exists so dollars can buy assets on-chain. ARC exists so dollars can buy a company. We just connected the two ends.
$ARC launched on Arc with a single rule: fees are not a salary. They are a purchase order. Every trade sends USDC to a wallet whose only permitted expense is ARCL stock.
Plenty of memecoins have claimed they'd buy a company. All of them picked targets worth billions, which is another way of saying they picked targets they could never reach. We picked one whose entire market value is roughly the cash sitting in its own bank account.
The SPAC was created to acquire. We intend to acquire the acquirer — and then a community of degens on a Circle chain will be sitting on a Nasdaq listing with $120 million of dry powder and a mandate to spend it.
No staking, no vesting schedule, no roadmap of features nobody asked for. Four steps, repeated until the cap table has our name on it.
A creator fee is taken on every buy and sell. Because Arc runs on USDC, the fee arrives as dollars — no swap, no slippage, no token to dump.
One address, posted on X, holding nothing but USDC. Anyone can watch the balance grow and watch it leave.
On a fixed cadence the balance moves to a brokerage account and buys ARCL on Nasdaq. Fill price, share count and timestamp go public.
They accumulate. The scoreboard goes up and doesn't come down. Ownership only ratchets in one direction.
This is the part most "we'll buy the company" coins skip, because for them the number is absurd. Here it's just large.
ARC Group Acquisition I raised $120.75 million at $10.00 per unit. SPAC shares trade close to the cash held per share in trust, so there's no growth story inflating the price and no CEO to disappoint. The market cap is, roughly, the bank balance.
1% of the float is about 120,000 shares — enough to be a name on the register. 5% is where the SPAC's lawyers have to file paperwork acknowledging us. Above 50% the blank check stops being theirs.
Every one of those thresholds is a fee wallet, emptied enough times.
| Threshold | Shares | Approx. cost |
|---|---|---|
| Show up | 12,075 | $120,750 |
| 1% of float | 120,750 | $1,207,500 |
| 5% — filing required | 603,750 | $6,037,500 |
| 25% of float | 3,018,750 | $30,187,500 |
| The whole public float | 12,075,000 | $120,750,000 |
Figures derived from the IPO: 12,075,000 units at $10.00, including full exercise of the over-allotment. Founder (Class B) shares sit on top of the public float and are not bought on the open market, so "owning the company" in practice means the float plus a conversation with the sponsor. Share prices move; these costs are illustrative, not quotes.
No. None of them have heard of us. The companies and the chain are real; the affiliation is aspirational and the project is a parody. We're buying shares like any other member of the public.
Because a SPAC is the cheapest listed thing you can actually take control of. Its shares are backed by cash in trust near $10, so the stock we accumulate isn't priced on a story that can collapse. And because the names matched, which is how every good memecoin starts.
A creator fee on each $ARC trade lands as USDC in one public wallet. That wallet is periodically emptied into a brokerage account and spent on ARCL. The wallet address, the transfers and the trade fills all get posted on X.
At the start, the project operator, in a segregated brokerage account, with holdings published. The intent is to move to a legal wrapper that lets holders direct how those shares vote once the position is big enough to justify it. That structure does not exist yet and won't be pretended into existence here.
Then our shares convert into shares of whatever it merges with, and the community owns a slice of that instead. The check still clears — it just has a different name printed on it.
The only link that will ever appear here is the X account. Anything else claiming to be $ARC isn't.
It's a memecoin, launched on a chain that opened today, aimed at a company with no operations. Treat it exactly as seriously as that sentence deserves.