Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 93

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 93
---
 delivery systems. Once AP5 is achieved, we can pursue broader market adoption beyond pilot programs to generate scalable
and sustainable revenue growth. While we believe in our development plans, and are optimistic that we can continue to achieve them, there
is no guarantee that we will achieve product market fit or be successful in our commercialization, development, or planning.

On December 5, 2023, the Company acquired certain
assets of AirBox Technologies (“AirBox”), in an all-stock transaction. In addition to certain tangible assets, the acquisition
includes AirBox’s patent portfolio, which Arrive believes will broaden the capabilities of its high-tech mailbox system designed
for autonomous and conventional package delivery. In addition to acquiring the above mentioned assets, AirBox’s CEO Brandon Pargoe
has joined the Arrive team in the role of Vice President of Product Operations, as an independent contractor. In consideration for the
asset purchase, the Company issued 94,573 shares at a price of $11.08 per share, which was determined based on the average price per
stock of $11.08 issued to investors for cash in 2023 (after giving effect to the Reverse Stock Split retrospectively for all periods
presented).

| 38 |

Growth Strategies

ALM mailboxes for the automated and frictionless
exchange of packages and goods between people, robots, and drones are a promising new emerging market and category of technology, validated
by customer interest and new competition. To obtain sustainable advantageous growth Arrive is employing proven strategies, platform thinking,
and playbooks for bringing new technologies to market.

Early Market Progress

Arrive believes an initial focus on medical operations,
first on medical campuses and later growing to their extended networks for doctors, clinics, pharmacies and more, will provide a successful
and profitable growth path towards more ubiquitous availability of automated delivery and pickup. Market progress:

| ● | First demonstration of a multi-Smart-Mailbox AP2 deployment and delivery 
 use in partnership with USPS in Lawrence, Indiana 2022                   |

| ● | Arrive AI currently has SOWs with: |

| (a) | A F500 logistics company for delivery in 2025                            |
| (b) | A Sunbelt innovation campus                                              |
| (c) | An East Coast Specialty Pharma logistics company for delivery in Q4-2024 
 and MaaS to begin early 2025                                             |

| ● | Three prospective Mid-west hospital chains awaiting further analysis              
 and investigating drone flight approvals                                          |
| ● |