Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 193

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 193
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 adjusted for the 1-for-4 reverse split).                                               |

| b) | 174,680                                                                                    
 shares issued through a crowdfunding campaign with other investors in March, June, July,   
 August, September, October and November 2024 in exchange for net cash of $1,818,626, at an 
 average of $10.41 per share (as adjusted for the 1-for-4 reverse split).                   |

| c) | 32,839                                                                                         
 shares issued with employees or consultants via stock awards, recognized as compensation       
 expense, valued at an average of $12.50 per share (as adjusted for the 1-for-4 reverse split), 
 for a total of $410,632, based on the price per stock issued to investors for cash during      
 the year ended December 31, 2024.                                                              |

For the year ended December 31, 2023, the Company issued and cancelled 365,113and 1,125,000shares of common stock, respectively, as follows (on a post-reverse split basis):

| a) | 13,334                                                                                      
 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 $0.84 per share (as adjusted for the 1-for-4 reverse split) based on the prevailing fair 
 market value report at the grant date.                                                      |

| b) | 76,360                                                                                           
 shares issued with employees or consultants via stock awards, subject to a performance threshold 
 and time-based vesting schedule, recognized as compensation expense, valued at $11.08 per        
 share (as adjusted for the 1-for-4 reverse split) based on the average price per stock issued    
 to investors for cash in 2023.                                                                   |

| c) | 8,750                                                                                         
 restricted shares in January 2023, subject to a milestone-based vesting schedule, with shares 
 vesting ratably over seven milestones, recognized as compensation expense. The shares were    
 valued at $11.08 per share (as adjusted for the 1-for-4 reverse split) based on the average   
 price per stock issued to investors for cash in 2023.                                         |

| F-20 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 12