Company: ARAI
Filing Date: 2025-05-14
Form Type: DRS
Source: 0001641172-25-010170
Chunk: 143

Company: Arrive AI Inc.
Filing Date: 2025-05-14
Form: DRS
Chunk 143
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.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;                                                              |
| ● | a                                                                                                                                   
 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 documentary evidence that the beneficial owner is a Non-U.S. Holder and certain other conditions    
 are satisfied, or the beneficial owner otherwise establishes an exemption (and the broker has no actual knowledge or reason to know 
 to the contrary).                                                                                                                   |

Backup withholding is not an additional tax. Any amounts withheld under the backup withholding rules may be allowed as a refund or a credit against a Non-U.S. Holder’s U.S. federal income tax liability, provided the required information is timely furnished to the IRS.

Foreign Account Tax Compliance Act

A U.S. federal withholding tax of 30% may apply to dividends and the gross proceeds of a disposition of our Common Stock paid to a foreign financial institution (as specifically defined by the applicable rules) unless