Company: ARAI
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001641172-25-005394
Chunk: 135

Company: Arrive AI Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 135
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 be the beneficial owner of these shares. The address of Lucosky Brookman LLP is 101 Wood Avenue South, 5th         
 Floor Woodbridge, NJ 08830.                                                                                                                 |
| (10) | Includes                                                                                                                                    
 (i) 4,058,329 shares of common stock held by All Other Stockholders as a Group; and (ii) 107,741 shares of common stock                     
 issuable upon the exercise of outstanding warrants or options within 60 days of this prospectus (of which such issuable shares are          
 not registered under this registration statement).                                                                                          |

| 58 |

<div align='center'>DESCRIPTION OF CAPITAL STOCK</div>

The following descriptions are summaries of the material terms of our certificate of incorporation and bylaws. Reference is made to the more detailed provisions of, and the descriptions are qualified in their entirety by reference to, the certificate of incorporation and bylaws, forms of which are filed with the SEC as exhibits to the registration statement of which this prospectus is a part, and applicable law.

General

Our authorized capital stock consists of 200,000,000 shares of common stock, par value $0.0002 per share, of which 29,978,212 are issued and outstanding as of April 18, 2025, after giving effect to the Reverse Stock Split retrospectively for all periods presented.

Common Stock

As of April 18, 2025, there were 29,978,212 shares of our common stock outstanding held by approximately 4,800 stockholders of record.

Preferred Stock

Our current certificate of incorporation does not permit the issuance of preferred stock and so we have no preferred stock outstanding at the date hereof. Although we do not currently intend to issue any shares of preferred stock, we cannot assure you that we will not do so in the future.

Certain Anti-takeover Provisions of Delaware Law, our Certificate of Incorporation and Bylaws

As a Delaware corporation, we are governed by the provisions of Section 203 of the Delaware General Corporation Law, which generally has an anti-takeover effect for transactions not approved in advance by our Board. This may discourage takeover attempts that might result in payment of a premium over the market price for the shares of common stock held by stockholders. In general, Section 203 prohibits a publicly held Delaware corporation from engaging in a “business combination” with an “interested stockholder” for a three-year period following the time that such stockholder becomes an interested stockholder, unless the business