Company: ARAI
Filing Date: 2025-03-24
Form Type: S-1/A
Source: 0001641172-25-000350
Chunk: 14

Company: Arrive AI Inc.
Filing Date: 2025-03-24
Form: S-1/A
Chunk 14
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 Daniel O’Toole holds substantial control over the Company and is able to influence all corporate matters. ● Our listing differs significantly from an initial public offering conducted on a firm-commitment basis. ● Our shares of common stock currently have no public market. An active trading market may not develop or continue to be liquid and the market price of our shares of common stock may be volatile. Corporate Information Our corporate address is 12175 Visionary Way, Fishers, Indiana 46038. Our website can be found at https://www.arriveai.com/ The information contained on our website is not a part of this prospectus, nor is such content incorporated by reference herein, and should not be relied upon in determining whether to make an investment in our shares of common stock. We were incorporated on April 30, 2020, in the State of Delaware under the name of Dronedek Corporation. The Company changed its name to Arrive Technology Inc. on July 27, 2023. The Company changed its name to Arrive AI Inc. on September 30, 2024. SUMMARY HISTORICAL FINANCIAL AND OTHER DATA The following tables set forth our summary of historical financial data as of December 31, 2024 and December 31, 2023. The summary statements of operations data for the periods ended December 31, 2024 and December 31, 2023 are derived from our audited financial statements and notes that are included elsewhere in this prospectus. Our board of directors and our stockholders each approved the Reverse Stock Split. On November 25, 2024, we filed a certificate of amendment of certificate of incorporation with the State of Delaware to immediately effect the Reverse Stock Split. All share and per share information in this prospectus are presented after giving effect to the Reverse Stock Split retrospectively for all periods presented, unless otherwise stated or the context otherwise requires. We have prepared the audited financial statements in accordance with the U.S. generally accepted accounting principles (“GAAP”). Our historical results are not necessarily indicative of our results in any future period. Results from our interim period may not necessarily be indicative of the entire year’s results.

|                                      |     |   | For the Year Ended 
           December 
           31, 2024 |   |     |   | For the Year Ended 
           December 
           31, 2023 |   |
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