Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 202

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 202
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1-for-4 reverse stock split, the number of option awards under its equity incentive plan have been adjusted on a 4 to 1 per option basis. Accordingly, the exercise price is increased to 4 times the original stated price.

| F-26 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 17. | RECLASSIFICATIONS 
 (Continued)       |

The table below presents the effect of the reverse split on prior year financial statement amounts and disclosures.

SCHEDULE OF RECLASSIFICATION

| December 31, 2023                    |     |                   |             |     |                    |             |
|:-------------------------------------|:----|:------------------|------------:|:----|:-------------------|------------:|
| Financial Statement Element          |     | Pre-Reverse Split |             |     | Post-Reverse Split |             |
| Par value of common stock, per share |     | $                 |     0.00005 |     | $                  |      0.0002 |
| Shares authorized                    |     |                   | 200,000,000 |     |                    | 200,000,000 |
| Shares issued and outstanding        |     |                   | 115,378,570 |     |                    |  28,844,643 |
| Treasury stock                       |     |                   |  10,000,000 |     |                    |   2,500,000 |

18. INCOME TAXES

The net deferred tax amounts in the accompanying balance sheets include the following components:

SCHEDULE OF NET DEFERRED TAX AMOUNT

| FEDERAL                                 |     | 2024 |            |   |     | 2023 |            |   |
|:----------------------------------------|:----|:-----|-----------:|:--|:----|:-----|-----------:|:--|
| Deferred tax assets                     |     | $    |  3,284,218 |   |     | $    |  2,213,108 |   |
| Deferred tax assets valuation allowance |     |      | (3,284,218 | ) |     |      | (2,213,108 | ) |
| NET DEFERRED FEDERAL TAX ASSETS, NET    
 OF ALLOWANCE                            |     | $    |          - |   |     | $    |          - |   |
| STATE                                   |