Company: ARAI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023457
Chunk: 107

Company: Arrive AI Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 107
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 and had an accumulated deficit of $24.8 million as of September 30, 2025. These factors raise
substantial doubt about our ability to continue as a going concern. We must raise additional capital to fund operations, and such financing
may not be available on acceptable terms, or at all.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

Purchases
of Equity Securities by the Issuer

    Period 
    Total number of shares purchased  
    Average price
                                                                                paid per share  
    Total number of shares purchased as
    part of publicly announced plans  
    Approximate dollar value of shares that may yet be purchased under the plan (1) 
  
    July 1 - July 31 
     -  
    $-  
     -  
    $10,000,000 
  
    August 1 - August 31 
     -  
     -  
     -  
     - 
  
    September 1 - September 30 
     19,700  
     3.79  
     19,700  
     9,925,257 

     19,700  
    $3.79  
     19,700  
    $9,925,257 

(1)
In September 2025, our Board of Directors authorized the repurchase of up to $10,000,000 of the Company’s common shares under the Repurchase
Program. The plan expires March 31, 2026 and does not obligate the Company to acquire any particular amount of the Company’s common shares.
Share repurchases may be made from time to time through various means, including open market purchases, privately negotiated transactions,
and/or pursuant to Rule 10b5-1 trading plans, in each case in accordance with Rule 10b-18 under the Securities Exchange Act of 1934.

Item
3. Defaults Upon Senior Securities

None.

Item
4. Mine Safety Disclosures

Not
applicable.

- 35 -

Item
5. Other Information

Insider
Trading Arrangements

On
September 22, 2025, Mark Hamm, the Company’s Chief Operating Officer, entered into a trading plan intended to satisfy the affirmative
defense conditions of Rule 10b5-1(c) under the Exchange Act. The plan provides for the sale, subject to certain price limits, of