Company: ARAI
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001641172-25-005394
Chunk: 210

Company: Arrive AI Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 210
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, based on the average price per stock of $11.08 (as adjusted for the 1-for-4 reverse    
 split) issued to investors for cash in 2023, for a total consideration of $1,047,863.           |

| i) | Cancelled                                                                                     
 1,125,000 shares issued to a founding member on April 30, 2020, which were issued at $0.00096 
 per share (as adjusted for the 1-for-4 reverse split).                                        |

For the year ended December 31, 2022, the Company issued 219,170 shares of common stock, with 20,036 removed from outstanding stock, as follows (on a post-reverse split basis):

| a) | In                                                                                                
 January 2022, because of a cancellation and termination of an existing arrangement (including     
 the promissory note receivable), 20,036 shares were removed from outstanding stock (not canceled) 
 and made available for issuance (reference below for further details).                            |

| b) | 13,333                                                                                      
 restricted shares, subject to a time-based vesting schedule which began July 1, 2021, with  
 shares vesting quarterly (3,333 per quarter), recognized as compensation expense, valued    
 at $7.28 per share (as adjusted for the 1-for-4 reverse split) based on the price per stock 
 issued to investors for cash during 2022.                                                   |

| F-49 |

<div align='center'>ARRIVE TECHNOLOGY INC.

(FORMERLY DRONEDEK CORPORATION)

NOTES TO FINANCIAL STATEMENTS (Continued)</div>

10. STOCKHOLDERS’ EQUITY (Continued)

Common Stock (Continued)

| c) | 41,481                                                                                         
 shares issued throughout 2022 with employees or consultants via stock awards, recognized       
 as compensation expense, valued at $7.28 per share (as adjusted for the 1-for-4 reverse split) 
 based on the price per stock issued to investors for cash during 2022.                         |

| d) | 6,500                                                                                        
 restricted shares in February 2022, subject to a time-based vesting schedule, with 1,500     
 immediately awarded, with the residual balance of 5,000 vesting over the next 10 months (500 
 shares a month), fully vested as of December 31, 2022, recognized as compensation expense.