Company: ARAI
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001641172-25-013826
Chunk: 58

Company: Arrive AI Inc.
Filing Date: 2025-06-05
Form: 10-Q
Item: Part II, Item 2
Chunk 58
---
On
May 13th, 2025, the Company issued the following unregistered securities:

●3,000,000
                                            shares of common stock to an investor per the terms of the share purchase
                                            agreement, including 2,937,500 pre-delivery shares for gross proceeds of $587.50.

●10,950
                                            shares of common stock to a shareholder for the exercise of outstanding warrants, for gross
                                            proceeds of $52,012.50.

●408
                                            shares of common stock at $13.00 per share to five investors from a crowdfunding campaign,
                                            which ended on April 21, 2025, for gross proceeds of $5,304 before offering costs.

Item
3. Defaults Upon Senior Securities

None.

Item
4. Mine Safety Disclosures

Not
applicable.

 - 28 - 

Item
5. Other Information

None.

Item
6. Exhibits

The
following exhibits are filed as part of this Report.

EXHIBIT
INDEX

    Exhibit
    No.
     
    Description
  
    31.1*
     
    Section 302 Certification of Chief Executive Officer
  
    31.2*
     
    Section 302 Certification of Chief Financial Officer
  
    32.1*
     
    Section 906 Certifications of Chief Executive Officer
  
    32.2*
     
    Section 906 Certifications of Chief Financial Officer
  
    101
    INS**
     
    INSTANCE
    DOCUMENT
  
    101
    SCH**
     
    SCHEMA
    DOCUMENT
  
    101
    CAL**
     
    CALCULATION
    LINKBASE DOCUMENT
  
    101
    LAB**
     
    LABELS
    LINKBASE DOCUMENT
  
    101
    PRE**
     
    PRESENTATION
    LINKBASE DOCUMENT
  
    101
    DEF**
     
    DEFINITION
    LINKBASE DOCUMENT
  
    104**
     
    COVER
    PAGE INTERACTIVE DATA FILE - THE COVER PAGE XBRL TAGS ARE EMBEDDED WITHIN THE INLINE XBRL DOCUMENT

                                                                                *Filed
                                            herewith

**Submitted
                                            electronically herewith. Attached as Exhibit 101 are the following materials from Quarterly
                                            Report on Form 10-Q for the quarter ended March 31, 2025, formatted in Inline eXtensible
                                            Business Reporting Language (“iXBRL”): (i) the Condensed Consolidated Balance