Company: ARAI
Filing Date: 2025-06-17
Form Type: S-1
Source: 0001641172-25-015428
Chunk: 187

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 187
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      |     | Weighted                      
 Average Grant Date Fair Value |       |     | Weighted                                   
 Average Remaining Contractual Term (years) |      |     | Aggregate       
 Intrinsic Value |           |
|:------------------|:----|:--------------|--------:|:--|:----|:-----------------------|-----:|:----|:------------------------------|------:|:----|:-------------------------------------------|-----:|:----|:----------------|----------:|
| BALANCE,          
 DECEMBER 31, 2024 |     |               | 452,875 |   |     | $                      | 0.80 |     | $                             | 10.89 |     |                                            | 8.88 |     | $               | 5,396,007 |
| Vested            |     |               | (22,410 | ) |     |                        | 0.79 |     |                               | 10.93 |     |                                            | 8.66 |     |                 |   273,582 |
| Canceled/Expired  |     |               |  (1,160 | ) |     |                        | 0.76 |     |                               | 11.36 |     |                                            |    - |     |                 |         - |
| BALANCE,          
 MARCH 31, 2025    |     |               | 429,305 |   |     | $                      | 0.80 |     | $                             | 10.88 |     |                                            | 8.18 |     | $               | 5,239,559 |

The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying share options and the closing stock price of $ 13.00for the Company’s common shares on March 31, 2025 and the closing stock price of $ 12.71for the Company’s common shares on December 31, 2024.

There were nooptions granted during the three months ended March 31, 2025. As of March 31, 2025, there was $ 4,672,620unrecognized compensation expense related to nonvested stock options to be recognized over the remaining vesting period. Total compensation expense related to stock options during the three months ended March 31, 2025 was $ 244,883. Nooptions were exercised during the three months ended March 31, 2025.

| F-21 |

ARRIVE