Company: ARAI
Filing Date: 2025-03-24
Form Type: S-1/A
Source: 0001641172-25-000350
Chunk: 182

Company: Arrive AI Inc.
Filing Date: 2025-03-24
Form: S-1/A
Chunk 182
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|--------:|:----|:--------------------|--------:|
| March 11, 2025  |     | Warrant |     | $              | 2.38 |     |                                 | 1.19 years |     |                      | 250,000 |     | $                   | 240,250 |
| May 11, 2025    |     | Warrant |     |                | 2.38 |     |                                 | 1.36 years |     |                      | 260,000 |     |                     | 253,240 |
| June 8, 2026    |     | Warrant |     |                | 2.38 |     |                                 | 2.44 years |     |                      | 142,857 |     |                     | 184,857 |
|                 |     |         |     | $              | 2.38 |     |                                 | 4.99 years |     |                      | 652,857 |     | $                   | 678,347 |

| F-24 |

ARRIVE AI INC.

(FORMERLY ARRIVE TECHNOLOGY INC.)

NOTES TO FINANCIAL STATEMENTS (Continued)

| 13. | WARRANTS    
 (Continued) |

The following table sets forth the assumptions used to estimate the fair values of the warrants for the year ended December 31:

|                                 |     | 2024 |                 |   |     | 2023 |                 |   |
| Expected term                   |     |      | 1.5 – 3.7 years |   |     |      | 1.2 – 2.4 years |   |
| Expected volatility             |     |      |              95 | % |     |      |             150 | % |
| Risk-free interest rate         |     |      |     3.6% – 4.5% |   |     |      |     4.2% – 4.4% |   |
| Expected dividend yield         |     |      |             0.0 | % |     |      |             0.0 | % |
| Fair value on the date of grant |     |      |   $1.44 – $1.87 |   |     |      |   $0.96 – $1.29 |   |

| 14. | EQUITY         
 INCENTIVE PLAN |

The Company created the 2023