Company: ARAI
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001641172-25-005394
Chunk: 153

Company: Arrive AI Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 153
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 have actual knowledge or reason to know the holder is a U.S. person or that the conditions of any other exemption are not, in fact, satisfied) or otherwise establishes an exemption. The certification procedures to claim treaty benefits described under “Distributions” will generally satisfy the certification requirements necessary to avoid the backup withholding tax. We must report annually to the IRS any dividends paid to each Non-U.S. Holder and the tax withheld, if any, with respect to these dividends. Copies of these reports may be made available to tax authorities in the country where the Non-U.S. Holder resides. However, under the Treasury regulations, information returns are required to be filed with the IRS in connection with any dividends on our Common Stock paid to the Non-U.S. Holder, regardless of whether any tax was actually withheld. In addition, proceeds of the sale or other taxable disposition of our Common Stock within the United States or conducted through certain U.S.-related brokers generally will not be subject to backup withholding or information reporting, if the beneficial owner certifies, under penalties of perjury, among other things, its status as a Non-U.S. Holder (and the broker does not have actual knowledge or reason to know the holder is a U.S. person) or otherwise establishes an exemption. The payment of proceeds from the disposition of shares of our Common Stock by a Non-U.S. Holder made to or through a non-U.S. office of a broker generally will not be subject to backup withholding and information reporting, except as noted below. Information reporting, but not backup withholding, will apply to a payment of proceeds, even if that payment is made outside of the United States, if you sell our Common Stock through a non-U.S. office of a broker that is:

| ● | a                                                                                                                                   
 U.S. person (including a foreign branch or office of such person);                                                                  |
| ● | a                                                                                                                                   
 “controlled foreign corporation” for U.S. federal income tax purposes;                                                              |
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 foreign person 50% or more of whose gross income from certain periods is effectively connected with a U.S. trade or business; or    |
| ● | a                                                                                                                                   
 foreign partnership if at any time during its tax year (a) one or more of its partners are U.S. persons who, in the aggregate, hold 
 more than 50% of the income or capital interests of the partnership or (b) the foreign partnership is engaged in a U.S. trade or    
 business, unless the broker has