Company: ARAI
Filing Date: 2025-01-27
Form Type: S-1/A
Source: 0001493152-25-003660
Chunk: 127

Company: Arrive AI Inc.
Filing Date: 2025-01-27
Form: S-1/A
Chunk 127
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     | Daniel O’Toole |     | April 20, 2020    |
| 7    |     | TBD                                      |     | Commercial Dronedeck receiving device and system                 |     | TBD              |     |            TBD |     | Daniel O’Toole |     |                   |

On December 10, 2024, The Company and its CEO, Mr. O’Toole, entered into an amendment to the Exclusive Patent License Agreement, whereby the term of such agreement were extended beyond the original seven years to perpetuity for the full life of the covered patents. If the Company materially defaults in performing any terms of the agreement and does not cure timely to Mr. O’Toole’s satisfaction, Mr. O’Toole may terminate the agreement upon proper notice. Subsequent to the termination of the agreement, the Company agrees to not engage in the use, sale, or other commercialization of the intellectual properties and not sell related products.

<div align='center'>PRINCIPAL AND REGISTERED STOCKHOLDERS</div>

Security Ownership of Certain Beneficial Owners and Management

The following table sets forth as of January 24, 2025:

| ● | certain                                                                                                                             
 information regarding the beneficial ownership of our common stock as of January 24, 2025 by (a) each stockholder who is known      
 to us to own beneficially 5% or more of our outstanding common stock; (b) all directors; (c) our executive officers, and (d) all    
 executive officers and directors as a group. Except as otherwise indicated, all persons listed below have (i) sole voting power and 
 investment power with respect to their common stock, except to the extent that authority is shared by spouses under applicable law, 
 and (ii) record and beneficial ownership with respect to their common stock; and                                                    |
|:--|:------------------------------------------------------------------------------------------------------------------------------------|
| ● | the                                                                                                                                 
 number of shares of our common stock held by and registered for resale by means of this prospectus for the Registered Stockholders. |

The Stockholders include substantially all holders of our common stock, including (i) affiliates of the Company and certain other stockholders with “restricted securities” (as defined in Rule 144 under the Securities Act) who, because of their status as affiliates pursuant to Rule 144 or because they acquired their common stock from an affiliate or the Company within the prior 12 months, would be unable to sell their securities pursuant to Rule 144 until the