Arrive AI (ARAI) Registration filing summary

Company overview and business model

• Smart mailbox origins evolved into an autonomous last-mile (ALM) network connecting drones, robots and people through Arrive Points smart lockers and mini-cross-docks, supported by an AI-driven platform.

• Revenue streams include Arrive Points subscriptions, installation and support agreements; planned data monetization from AI/ML insights; and Arrive Point Exchange services, including delivery scheduling and space optimization.

• AP3 units began revenue operations in 2025; AP5 marketplace capabilities are in development, with a pilot program planned as part of that development.

Financial performance and metrics

• 2025 and 2024 audit reports each included an explanatory paragraph citing substantial doubt about ability to continue as a going concern.

• A material weakness in accounting for embedded derivatives and debt discount accretion remained unremediated as of June 30, 2026; related 2025 interim reports were amended to restate financial statements.

Use of proceeds and capital allocation

• No proceeds from selling-stockholder resales; full cash exercise of the warrant would generate gross proceeds of ~$269,231, for general working capital. Cashless exercise generates no cash.

• The October 5, 2026 private placement generated $250,000 gross before $5,000 in legal-expense reimbursement and other offering expenses; net proceeds intended for general working capital.