Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 160

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 160
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 at a price of $11.20 per share and 28,071 shares of common stock
at a price of $12.16 per share, after giving effect to the Reverse Stock Split. In January, March, July and August 2024, we issued in
private placements 13,643 shares of common stock at a price of $11.20 per share, after giving effect to the Reverse Stock Split. From
January through October 2024, we issued in private placements 197,515 shares of common stock at a price of $12.16 per share. In November
2024, we issued in private placements 28,291 shares of common stock at a price of $13.00 per share, after giving effect to the Reverse
Stock Split. From January 2025 through the date of this document, we issued in private placements 48,335 shares of common stock at a
price of $13.00 per share. This information may have little or no relation to broader market demand for our common stock and thus the
subsequent public price of our common stock on Nasdaq. As a result, you should not place undue reliance on this historical private sale
price as it may differ materially from the opening public price and subsequent public price of our common stock on Nasdaq. See “Risk
Factors— Risks Related to the Ownership of Our Common Stock”.

<div align='center'>MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS</div>

The following discussion is a summary of the
material U.S. federal income tax considerations with respect to the acquisition, ownership and disposition of shares of our Common Stock
issued pursuant to this Offering. This summary does not provide a complete analysis of all potential U.S. federal income tax considerations
relating thereto. The information provided below is based upon provisions of the U.S. Internal Revenue Code of 1986, as amended (the
“Code”), Treasury regulations promulgated thereunder, administrative rulings, and judicial decisions currently in effect.
These authorities may change at any time, possibly retroactively, or the Internal Revenue Service (the “IRS”) might interpret
the existing authorities differently. In either case, the tax considerations of owning or disposing of our Common Stock could differ
from those described below. As a result, we cannot assure you that the tax consequences described in this discussion will not be challenged
by the IRS or will be sustained by a court if challenged by the IRS.

This summary does not address