Company: ARAI
Filing Date: 2025-05-13
Form Type: S-1/A
Source: 0001641172-25-009841
Chunk: 130

Company: Arrive AI Inc.
Filing Date: 2025-05-13
Form: S-1/A
Chunk 130
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’Toole, entered into the Second Amendment to the Exclusive Patent License Agreement. The Second Amendment extends the license
to perpetuity, covering the full term and life of the patents, and incorporates all terms from the original Agreement and the First Amendment.
In the event of a default, the defaulting party has 60 days to cure. If the default is not cured, the license transitions to a non-exclusive
license, allowing both parties to seek additional licensees or sources for similar technology, while royalty payments continue into perpetuity
or until the 20-year patent term ends. The Second Amendment also removes prior restrictions on the Company’s use, sale, or commercialization
of the technology after termination, permitting the sale of remaining inventory for up to 90 days post-termination, provided all required
reports and payments are made under the Agreement. The foregoing description of the license agreement is not complete and is qualified
in its entirety by reference to the text of such document, which is filed as an exhibit to this registration statement.

<div align='center'>PRINCIPAL AND REGISTERED STOCKHOLDERS</div>

Security Ownership of Certain Beneficial Owners and Management

The following table sets forth as of May 13, 2025:

| ● | certain                                                                                                                             
 information regarding the beneficial ownership of our common stock as of May 13, 2025 by (a) each stockholder who is known          
 to us to own beneficially 5% or more of our outstanding common stock; (b) all directors; (c) our executive officers, and (d) all    
 executive officers and directors as a group. Except as otherwise indicated, all persons listed below have (i) sole voting power and 
 investment power with respect to their common stock, except to the extent that authority is shared by spouses under applicable law, 
 and (ii) record and beneficial ownership with respect to their common stock; and                                                    |
|:--|:------------------------------------------------------------------------------------------------------------------------------------|
| ● | the                                                                                                                                 
 number of shares of our common stock held by and registered for resale by means of this prospectus for the Registered Stockholders. |

The Stockholders include substantially all holders of our common stock, including (i) affiliates of the Company and certain other stockholders with “restricted securities” (as defined in Rule 144 under the Securities Act) who, because of their status as affiliates pursuant to Rule 144 or because they acquired their common stock from an affiliate or the Company within the prior 12 months, would be unable to