Company: ARAI
Filing Date: 2025-03-24
Form Type: S-1/A
Source: 0001641172-25-000350
Chunk: 190

Company: Arrive AI Inc.
Filing Date: 2025-03-24
Form: S-1/A
Chunk 190
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 has evaluated subsequent events through March 12, 2025, which was the date that these financial statements were available for issuance.

| F-30 |

<div align='center'>INDEX TO FINANCIAL STATEMENTS

ARRIVE TECHNOLOGY INC.

(FORMERLY DRONEDEK Corporation)

FINANCIAL STATEMENTS</div>

| F-31 |

ARRIVE TECHNOLOGY INC.

(FORMERLY DRONEDEK CORPORATION)

TABLE OF CONTENTS

|                                    | Page(s) |
| INDEPENDENT                        
 AUDITORS’ REPORT                   | F-33    |
| FINANCIAL                          
 STATEMENTS                         | F-35    |
| Balance                            
 Sheets                             | F-35    |
| Statements                         
 of Operations                      | F-36    |
| Statements                         
 of Changes in Stockholders’ Equity | F-37    |
| Statements                         
 of Cash Flows                      | F-38    |
| Notes                              
 to Financial Statements            | F-39    |

| F-32 |

<div align='center'>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

To the Stockholders and Board of Directors of

Arrive Technology Inc. (formerly Dronedek Corporation)

Opinion on the Financial Statements

We have audited the accompanying balance sheet of Arrive Technology Inc. (formerly Dronedek Corporation) (the Company) as of December 31, 2023 and 2022, and the related statements of operations, stockholders’ equity, and cash flows for each of the years in the two-year period ended December 31, 2023, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023 and 2022, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.

Explanatory Paragraph – Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company has an accumulated deficit of $11,382,654 and a net loss for the current year of $7,321,134. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans regarding these matters are also described in