Company: ARAI
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001641172-25-005394
Chunk: 183

Company: Arrive AI Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 183
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 |     |                | 2.38 |     |                                 | 1.36 years |     |                      | 260,000 |     |                     | 253,240 |
| June 8, 2026    |     | Warrant |     |                | 2.38 |     |                                 | 2.44 years |     |                      | 142,857 |     |                     | 184,857 |
|                 |     |         |     | $              | 2.38 |     |                                 | 4.99 years |     |                      | 652,857 |     | $                   | 678,347 |

| F-24 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 13. | WARRANTS    
 (Continued) |

The following table sets forth the assumptions used to estimate the fair values of the warrants for the year ended December 31:

|                                 |     | 2024 |                 |   |     | 2023 |                 |   |
| Expected term                   |     |      | 1.5 – 3.7 years |   |     |      | 1.2 – 2.4 years |   |
| Expected volatility             |     |      |              95 | % |     |      |             150 | % |
| Risk-free interest rate         |     |      |     3.6% – 4.5% |   |     |      |     4.2% – 4.4% |   |
| Expected dividend yield         |     |      |             0.0 | % |     |      |             0.0 | % |
| Fair value on the date of grant |     |      |   $1.44 – $1.87 |   |     |      |   $0.96 – $1.29 |   |

| 14. | EQUITY         
 INCENTIVE PLAN |

The Company created the 2023 Equity Incentive Plan (the Plan) on April 27, 2023, under which shares of common stock became available for issuance not to exceed 1,500,000 (on a post-reverse split basis). The Stock Plan is designed to attract, retain, and motivate key employees. Currently, the fair value is recognized as an expense over the vesting period of the award. Option