Company: ARAI
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0001641172-25-013826
Chunk: 57

Company: Arrive AI Inc.
Filing Date: 2025-06-05
Form: 10-Q
Item: Part II, Item 1A
Chunk 57
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As
a smaller reporting company under Rule 12b-2 of the Exchange Act, the Company is not required to provide risk factors in this report.
For our current risk factors relating to our operations see the section entitled “Risk Factors” contained in our Registration
Statement on Form S-1 filed with the SEC on December 23, 2024, and amended Form S-1/A filed with the SEC on May 13, 2025.

Additional
risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our
business, financial condition or future results.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

On
May 13th, 2025, the Company issued the following unregistered securities:

●3,000,000
                                            shares of common stock to an investor per the terms of the share purchase
                                            agreement, including 2,937,500 pre-delivery shares for gross proceeds of $587.50.

●10,950
                                            shares of common stock to a shareholder for the exercise of outstanding warrants, for gross
                                            proceeds of $52,012.50.

●408
                                            shares of common stock at $13.00 per share to five investors from a crowdfunding campaign,
                                            which ended on April 21, 2025, for gross proceeds of $5,304 before offering costs.

Item
3. Defaults Upon Senior Securities

None.

Item
4. Mine Safety Disclosures

Not
applicable.

 - 28 - 

Item
5. Other Information

None.

Item
6. Exhibits

The
following exhibits are filed as part of this Report.

EXHIBIT
INDEX

    Exhibit
    No.
     
    Description
  
    31.1*
     
    Section 302 Certification of Chief Executive Officer
  
    31.2*
     
    Section 302 Certification of Chief Financial Officer
  
    32.1*
     
    Section 906 Certifications of Chief Executive Officer
  
    32.2*
     
    Section 906 Certifications of Chief Financial Officer
  
    101
    INS**
     
    INSTANCE
    DOCUMENT
  
    101
    SCH**
     
    SCHEMA
    DOCUMENT
  
    101
    CAL**
     
    CALCULATION
    LINKBASE DOCUMENT
  
    101
    LAB**
     
    LABELS
    LINKBASE DOCUMENT
  
    101