Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 222

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 222
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,000,000shares authorized and available, with a par value of $ 0.00005, to issue for purposes of satisfying any future transactions. Effective November 25, 2024, the Company authorized a 1-for-4reverse stock split, with 200,000,000shares authorized and available to issue for purposes of satisfying any future transactions. The par value is now $ 0.0002.

For the three months ended March 31, 2025, the Company issued 714,133shares of common stock as follows:

| a) | 11,692                                                                                                                  
 shares with accredited investors in exchange for cash of $152,000 at an average of $13.00                               
 per share. 7,692 of the shares were issued with warrants and deemed as equity, as described                             
 in Note 14.                                                                                                             |
| b) | 250,000                                                                                                                 
 warrants exercised, for 62,500 shares in exchange for cash of $296,875.                                                 |
| c) | 22,154                                                                                                                  
 shares issued through a crowdfunding campaign with other investors in exchange for net cash                             
 of $268,753, at an average of $12.13 per share after offering costs.                                                    |
| d) | 84,874                                                                                                                  
 shares issued with employees or consultants via stock awards, recognized as compensation expense, fair valued at $13.00 
 per share, for a total of $1,103,362,                                                                                   
 based on the price per stock issued to investors for cash during the three months ended March 31, 2025.                 |
| e) | 532,913                                                                                                                 
 shares issued with a consultant via stock awards, recognized as deferred offering costs,                                
 fair valued at $13.00 per share, for a total of $6,927,869, based on the price per stock                                
 issued to investors for cash.                                                                                           |

| F-46 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

14. WARRANTS

The following table summarizes the warrants outstanding for the three months ended March 31, 2025:

SCHEDULE OF WARRANTS OUTSTANDING

|                   |     | Warrants    
 Outstanding |         |   |     | Weighted               
 Average Exercise Price |       |     | Weighted                      
 Average Grant Date Fair Value |      |     | Weighted                                   
 Average Remaining Contractual Term (