Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 9

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 9
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registered public accounting firm pursuant to Section 404(b) of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding
executive compensation in our periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory
vote on executive compensation and any golden parachute payments not previously approved. In addition, the JOBS Act provides that an
emerging growth company can take advantage of an extended transition period for complying with new or revised accounting standards. This
provision allows an emerging growth company to delay the adoption of some accounting standards until those standards would otherwise
apply to private companies. We have elected to take advantage of this extended transition period under the JOBS Act. As a result, our
operating results and financial statements may not be comparable to the operating results and financial statements of other companies
who have adopted the new or revised accounting standards.

We are also a “smaller
reporting company,” meaning that the market value of our stock held by non-affiliates is less than $700 million and our annual
revenue was less than $100 million during our most recently completed fiscal year. We may continue to be a smaller reporting company
if either (i) the market value of our stock held by non-affiliates is less than $250 million measured on the last business day of our
second fiscal quarter or (ii) our annual revenue is less than $100 million during the most recently completed fiscal year and the market
value of our stock held by non-affiliates is less than $700 million measured on the last business day of our second fiscal quarter. If
we are a smaller reporting company at the time we cease to be an emerging growth company, we may continue to rely on exemptions from
certain disclosure requirements that are available to smaller reporting companies. For so long as we remain a smaller reporting company,
we are permitted and intend to rely on exemptions from certain disclosure and other requirements that are applicable to other public
companies that are not smaller reporting companies, such as providing only two years of audited financing statements.

As of the date of
this prospectus, we had a total of 434,601 warrants outstanding, all of which are held by the selling stockholders. 426,909 of these
warrant units convert to 0.25 common shares (after giving effect to the Reverse Stock Split), and 7,692 of these warrant units
convert to 1.00 common shares. All outstanding shares as of the date of