Company: ARAI
Filing Date: 2025-06-17
Form Type: S-1
Source: 0001641172-25-015428
Chunk: 159

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 159
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If you are a non-U.S. citizen that is an individual,
you may, in many cases, be treated as a resident alien, as opposed to a non-resident alien, by virtue of being present in the United
States for at least 31 days in the calendar year and for an aggregate of at least 183 days during a three-year period ending in the current
calendar year. For these purposes, all the days present in the current year, one-third of the days present in the immediately preceding
year, and one-sixth of the days present in the second preceding year are counted. Resident aliens are subject to U.S. federal income
tax as if they were U.S. citizens. Such an individual is urged to consult his or her own tax advisor regarding the U.S. federal income
tax consequences of the ownership or disposition of our Common Stock.

Dividends

As discussed under “Dividend Policy”
above, we do not currently expect to declare or pay dividends to our Common Stockholders in the foreseeable future. In the event that
we do make distributions of cash or other property on our Common Stock, those distributions will constitute dividends for U.S. federal
income tax purposes to the extent paid from our current or accumulated earnings and profits, as determined under U.S. federal income
tax principles. Amounts not treated as dividends for U.S. federal income tax purposes will constitute a return of capital, which will
first reduce a Non-U.S. Holder’s adjusted tax basis in shares of our Common Stock, but not below zero. Any remaining excess will
be treated as gain realized on the sale or other disposition of our Common Stock and will be treated as described below under “Gain
on Sale or Other Taxable Disposition of Our Common Stock.”

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Subject to the discussion below on effectively
connected income, dividends paid to a Non-U.S. Holder of our Common Stock that is not effectively connected with the Non-U.S. Holder’s
conduct of a trade or business in the United States will generally be subject to U.S. federal withholding tax at a rate of 30% of the
gross amount of the dividends (or such lower rate specified by an applicable income tax treaty, provided the Non-U.S. Holder furnishes
a properly executed IRS Form W-8BEN or W-8BEN-E (or other applicable or successor form) certifying the Non-U.S. Holder’s qualification
for the lower treaty rate). A