Company: ARAI
Filing Date: 2025-06-17
Form Type: S-1
Source: 0001641172-25-015428
Chunk: 146

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 146
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 1,000 shares of our common stock issued on May 13, 2025.                              |
| (10) | Includes (i) 91 shares of our common stock registered under our Direct                                                                
 Listing Registration Statement, and (ii) 77 shares of our common stock issued on May 13, 2025.                                        |
| (11) | Includes (i) 125 shares of our common stock registered under our Direct                                                               
 Listing Registration Statement, and (ii) 77 shares of our common stock issued on May 13, 2025.                                        |
| (12) | All 77 shares of our common stock were issued on May 13, 2025.                                                                        |
| (13) | All 77 shares of our common stock were issued on May 13, 2025.                                                                        |

| 64 |

<div align='center'>DESCRIPTION OF CAPITAL STOCK</div>

The following descriptions are summaries of the material terms of our certificate of incorporation and bylaws. Reference is made to the more detailed provisions of, and the descriptions are qualified in their entirety by reference to, the certificate of incorporation and bylaws, forms of which are filed with the SEC as exhibits to our Direct Listing Registration Statement, and applicable law.

General

Our authorized capital stock consists of 200,000,000
shares of common stock, par value $0.0002 per share, of which 32,989,570 are issued and outstanding as of June 16, 2025, after
giving effect to the Reverse Stock Split retrospectively for all periods presented.

Common Stock

As of June 16, 2025, there were 32,989,570
shares of our common stock outstanding held by approximately 4,800 stockholders of record.

Preferred Stock

Our current certificate of incorporation does
not permit the issuance of preferred stock and so we have no preferred stock outstanding at the date hereof. Although we do not currently
intend to issue any shares of preferred stock, we cannot assure you that we will not do so in the future.

Certain Anti-takeover Provisions of Delaware Law, our Certificate of Incorporation and Bylaws

As a Delaware corporation, we are governed by
the provisions of Section 203 of the Delaware General Corporation Law, which generally has an anti-takeover effect for transactions not
approved in advance by our Board. This may discourage takeover attempts that might result in payment of a premium over the market price
for the shares of common