Company: ARAI
Filing Date: 2025-05-13
Form Type: S-1/A
Source: 0001641172-25-009841
Chunk: 176

Company: Arrive AI Inc.
Filing Date: 2025-05-13
Form: S-1/A
Chunk 176
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 TO FINANCIAL STATEMENTS (Continued)

| 13. | WARRANTS    
 (Continued) |

|                            |     | Number of Warrants Outstanding |         |     | Weighted Average Exercise Price |      |     | Number of Warrants Exercisable |         |
|:---------------------------|:----|:-------------------------------|--------:|:----|:--------------------------------|-----:|:----|:-------------------------------|--------:|
| BALANCE, JANUARY 1, 2023   |     |                                | 652,857 |     | $                               | 2.38 |     |                                | 652,857 |
| Issued                     |     |                                |       - |     |                                 |    - |     |                                |       - |
| BALANCE, DECEMBER 31, 2023 |     |                                | 652,857 |     | $                               | 2.38 |     |                                | 652,857 |
| BALANCE, JANUARY 1, 2024   |     |                                | 652,857 |     | $                               | 2.38 |     |                                | 652,857 |
| Issued                     |     |                                | 257,332 |     | $                               | 2.87 |     |                                | 257,332 |
| BALANCE, DECEMBER 31, 2024 |     |                                | 910,189 |     | $                               | 2.52 |     |                                | 910,189 |

The following table reflects the warrants outstanding as at December 31, 2024:

| Expiration Date   |     | Type    |     | Exercise Price |      |     | Weighted Average Life Remaining |            |     | Warrants Outstanding |         |     | Black-Scholes Value |           |
|:------------------|:----|:--------|:----|:---------------|-----:|:----|:--------------------------------|:-----------|:----|:---------------------|--------:|:----|:--------------------|----------:|
| March 11, 2025    |     | Warrant |     | $              | 2.38 |     |                                 | 0.19 years |     |                      | 250,000 |     | $                   |   240,250 |
| May 11, 2025      |     | Warrant |     |                | 2.38 |