Company: ARAI
Filing Date: 2025-01-27
Form Type: S-1/A
Source: 0001493152-25-003660
Chunk: 99

Company: Arrive AI Inc.
Filing Date: 2025-01-27
Form: S-1/A
Chunk 99
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 or nation. For example, in the U.S., the regulatory action and fees    
 are made to the USPTO. For other countries, the payment of fees is commonly paid to the patent 
 regulatory office, specific for each country, where the patent application was originally      
 examined, approved, and issued.                                                                |
| ● | The                                                                                            
 regulatory maintenance fee (often called an annuity) is paid every year for most countries.    
 However, for patents issued from the USPTO, the maintenance fee for each of the issued patent  
 is due at 3 to 3.5 years, then at 7 to 7.5 years, and finally 11 to 11.5 years, respectively,  
 after the date of issue with no early payment options. In the event of a late payment, there   
 is a “six-month grace period” to reactivate a late, unintentional, missed payment              
 of the fee, but a surcharge will be incurred during such grace period at 3.5 to 4 years,       
 7.5 to 8 years, and 11.5 to 12 years, respectively, after the date of issue.                   |
| ● | The                                                                                            
 Company will be responsible for paying patent issue fee, maintenance fees, and annuity fees    
 due on each patent granted, transferred or licensed to it.                                     |

| 43 |

Recent Developments and Current Licenses Held

Conversion of warrants

As of September 30, 2024, we had a total of
910,189 warrants outstanding. Each warrant unit converts to 0.25 common shares (after giving effect to the Reverse Stock Split).
The shares issued upon the exercise of the warrants may be freely sold upon effectiveness of a registration statement covering such shares,
these shares may be freely sold in reliance on an exemption from registration such as Rule 144.

Partnership collaboration between Arrive AI Inc., formerly Arrive Technology Inc., formerly Dronedek Corporation and Alpine 4 Holdings Subsidiary Vayu Aerospace Corporation

On March 21, 2022, Arrive issued a press release announcing its partnership with Alpine 4 Holdings Subsidiary Vayu Aerospace Corporation to create a new ecosystem in drone package delivery.

PotentialPartnership collaboration between Arrive AI Inc., formerly Arrive Technology Inc., formerly Dronedek Corporation, and Hush Aerospace

On May 2, 2022, Arrive issued a press release announcing its collaboration for a potential