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

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 17
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 to replace. Leadership changes will
occur from time to time, and we cannot predict whether significant resignations will occur or whether we will be able to recruit additional
qualified personnel. Competition for senior executives and skilled personnel who possess an understanding and technical expertise in
the artificial intelligence industry is intense, which means the cost of hiring, paying incentives and retaining skilled personnel may
continue to increase.We need to continue attracting and retaining key personnel and recruiting qualified individuals to
succeed existing key personnel to ensure the continued growth and successful operation of our business. In addition, as a provider of
high-tech products and services, we must attract and retain qualified personnel to continue to grow our business, and competition for
such personnel can be intense. Our ability to effectively compete for senior executives and other qualified personnel by offering competitive
compensation and benefit arrangements may be restricted by cash flow and other operational restraints. The loss of the services of any
senior executive or other key personnel, or the inability to recruit and retain qualified personnel in the future, could have a material
adverse effect on our business, financial condition or results of operations. In addition, to attract and retain personnel with appropriate
skills and knowledge to support our business, we may offer a variety of benefits, which could reduce our earnings or have a material
adverse effect on our business, financial condition or results of operations.

Our insurance may not adequately cover our future operating risk.

We have insurance to protect our assets, future
operations and employees. While we believe our insurance coverage addresses all material risks to which we may be exposed and is adequate
and customary according to our current projections for our future operations, such insurance is subject to coverage limits and exclusions
and may not be available for the risks and hazards to which we may be exposed. In addition, no assurance can be given that such insurance
will be adequate to cover our liabilities or will be generally available in the future or, if available, that premiums will be commercially
justifiable. If we were to incur substantial liability and such damages were not covered by insurance or were in excess of policy limits,
or if we were to incur such liability at a time when we are not able to obtain liability insurance, our business, results of operations
and financial condition could be materially adversely affected. Additionally, the cost of insurance coverage may increase upon the commencement
of our operations, such increase may have a negative impact on our business and financial position. Our lack of commercial operating
history in an emerging area may make it difficult