Company: ARAI
Filing Date: 2025-03-24
Form Type: S-1/A
Source: 0001641172-25-000350
Chunk: 66

Company: Arrive AI Inc.
Filing Date: 2025-03-24
Form: S-1/A
Chunk 66
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 of stock options outstanding under our 2023 Equity Incentive Plan (the Stock Plan) as of December 31, 2024, after giving effect to the Reverse Stock Split, with an exercise price of $0.80 per share;

885,296 Shares of common stock reserved for issuance under our Stock Plan, after giving effect to the Reverse Stock Split.

All the shares of common stock subject to stock options outstanding and reserved for issuance under our equity incentive plan are expected to be registered on Form S-8 under the Securities Act and such shares are eligible for sale in the public markets, subject to Rule 144 under the Securities Act (“Rule 144”) limitations applicable to affiliates.

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<div align='center'>MANAGEMENT’S DISCUSSION AND ANALYSIS

OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following discussion and analysis of our results of operations and financial condition should be read together with “Selected Financial Data” and the financial statements and related notes included elsewhere in this prospectus. Such discussion and analysis reflect our historical results of operations and financial position and does not give effect to the completion of this offering. This discussion contains forward-looking statements based upon current expectations that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of various factors, including those set forth under “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” and elsewhere in this prospectus.

Overview and History

Management believes that Arrive is pioneering the emerging market for the automated exchange of packages and goods between people, robots, and drones with our autonomous last mile (“ALM”) mailbox, but there can be no assurance that we will be able to achieve these objectives.

The future of automated last-mile delivery, consumer services, and business operations all need smart, secure, and seamless exchanges of packages, goods, supplies, food, and medicine between people, robots, and drones. Our ALM mailbox, a.k.a. ALM Access Point or Arrive Point™, is designed to provide a frictionless exchange point between people, robots, and drones that will make new automated ALM services possible for ALM operators, businesses, and consumers. This term, “frictionless,” refers to an efficient, seamless exchange process with minimal barriers or delays for users. In the context of the ALM Access Point, this means creating a streamlined environment where stakeholders can access and exchange information, data, or services without encountering unnecessary complexities, such as cumbersome processes