Company: ARAI
Filing Date: 2025-05-14
Form Type: DRS
Source: 0001641172-25-010170
Chunk: 197

Company: Arrive AI Inc.
Filing Date: 2025-05-14
Form: DRS
Chunk 197
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 in exchange 
 for net cash of $520,708, at an average of $11.80 per share (as adjusted for the 1-for-4        
 reverse split).                                                                                 |

| h) | 94,573                                                                                          
 shares issued as consideration for an asset purchase agreement with AirBox executed on December 
 5, 2023, based on the average price per stock of $11.08 (as adjusted for the 1-for-4 reverse    
 split) issued to investors for cash in 2023, for a total consideration of $1,047,863.           |

| i) | Cancelled                                                                                     
 1,125,000 shares issued to a founding member on April 30, 2020, which were issued at $0.00096 
 per share (as adjusted for the 1-for-4 reverse split).                                        |

For the year ended December 31, 2022, the Company issued 219,170 shares of common stock, with 20,036 removed from outstanding stock, as follows (on a post-reverse split basis):

| a) | In                                                                                                
 January 2022, because of a cancellation and termination of an existing arrangement (including     
 the promissory note receivable), 20,036 shares were removed from outstanding stock (not canceled) 
 and made available for issuance (reference below for further details).                            |

| b) | 13,333                                                                                      
 restricted shares, subject to a time-based vesting schedule which began July 1, 2021, with  
 shares vesting quarterly (3,333 per quarter), recognized as compensation expense, valued    
 at $7.28 per share (as adjusted for the 1-for-4 reverse split) based on the price per stock 
 issued to investors for cash during 2022.                                                   |

| F-49 |

<div align='center'>ARRIVE TECHNOLOGY INC.

(FORMERLY DRONEDEK CORPORATION)

NOTES TO FINANCIAL STATEMENTS (Continued)</div>

10. STOCKHOLDERS’ EQUITY (Continued)

Common Stock (Continued)

| c) | 41,481                                                                                         
 shares issued throughout 2022 with employees or consultants via stock awards, recognized       
 as compensation expense, valued at $7.28 per share (as adjusted for the 1-for-4 reverse split) 
 based on the price per stock issued to investors for cash during 2022.                         |

| d) | 6,500