Arrive AI Inc. Files S-1/A for IPO
Ticker: ARAI · Form: S-1/A · Filed: Jan 27, 2025 · CIK: 1818274
| Field | Detail |
|---|---|
| Company | Arrive Ai Inc. (ARAI) |
| Form Type | S-1/A |
| Filed Date | Jan 27, 2025 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $1.235 billion, $700 million, $1 billion, $700 million, $100 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, sec-filing, amendment
TL;DR
Arrive AI Inc. (formerly DRONEDEK) filed an S-1/A for its IPO. Get ready for potential new shares.
AI Summary
Arrive AI Inc. filed an S-1/A amendment on January 27, 2025, for its initial public offering. The company, formerly known as DRONEDEK Corp and Arrive Technology Inc., is registering an unspecified number of shares. The filing provides updated information for potential investors regarding its business operations and financial status.
Why It Matters
This filing indicates Arrive AI Inc. is moving forward with its public offering, which could provide significant capital for its growth and operations, impacting its market position and investor landscape.
Risk Assessment
Risk Level: medium — As an S-1/A filing for an IPO, the company is seeking public investment, which inherently carries risks associated with early-stage or growth companies and market reception.
Key Numbers
- 20250127 — Filing Date (This is the date the S-1/A amendment was filed with the SEC.)
- 20230922 — Name Change Date (Date Arrive AI Inc. changed its name from Arrive Technology Inc.)
- 20200715 — Name Change Date (Date Arrive AI Inc. changed its name from DRONEDEK Corp.)
Key Players & Entities
- Arrive AI Inc. (company) — Registrant
- DRONEDEK Corp (company) — Former company name
- Arrive Technology Inc. (company) — Former company name
- Daniel S. O'Toole (person) — Agent for Service
- Joseph M. Lucosky, Esq. (person) — Copies to counsel
- 333-284042 (dollar_amount) — SEC File Number
FAQ
What is the purpose of this S-1/A filing?
The S-1/A filing is an amendment to Arrive AI Inc.'s registration statement for its initial public offering (IPO), providing updated information to the SEC and potential investors.
What were Arrive AI Inc.'s previous names?
Arrive AI Inc. was formerly known as Arrive Technology Inc. (since September 22, 2023) and DRONEDEK Corp (since July 15, 2020).
Where is Arrive AI Inc. incorporated?
Arrive AI Inc. is incorporated in Delaware.
Who is listed as the Agent for Service for Arrive AI Inc.?
Daniel S. O'Toole is listed as the Agent for Service for Arrive AI Inc., with an address at 12175 Visionary Way, Fishers, Indiana 46038.
What is the SEC File Number for this registration?
The SEC File Number for this registration is 333-284042.
Filing Stats: 4,441 words · 18 min read · ~15 pages · Grade level 16.2 · Accepted 2025-01-27 06:18:47
Key Financial Figures
- $1.235 billion — g Company As a company with less than $1.235 billion of revenue during our last fiscal year,
- $700 million — ock held by non-affiliates is more than $700 million as of the final day of our second fisca
- $1 billion — our fiscal year, or we issue more than $1 billion of non-convertible debt over a three-ye
- $700 million — ock held by non-affiliates is less than $700 million and our annual revenue was less than $1
- $100 million — on and our annual revenue was less than $100 million during our most recently completed fisc
- $250 million — ock held by non-affiliates is less than $250 million measured on the last business day of ou
- $700 — ock held by non-affiliates is less than $700
Filing Documents
- forms-1a.htm (S-1/A) — 2756KB
- ex10-1.htm (EX-10.1) — 9KB
- ex10-2.htm (EX-10.2) — 7KB
- ex10-13.htm (EX-10.13) — 8KB
- ex10-14.htm (EX-10.14) — 16KB
- ex10-15.htm (EX-10.15) — 6KB
- ex10-16.htm (EX-10.16) — 164KB
- ex10-17.htm (EX-10.17) — 2KB
- ex23-1.htm (EX-23.1) — 5KB
- ex107.htm (EX-FILING FEES) — 14KB
- logo_001.jpg (GRAPHIC) — 51KB
- logo_003.jpg (GRAPHIC) — 5KB
- logo_004.jpg (GRAPHIC) — 2KB
- auid_001.jpg (GRAPHIC) — 5KB
- auid_002.jpg (GRAPHIC) — 2KB
- fin-dec_001.jpg (GRAPHIC) — 21KB
- ex10-1_001.jpg (GRAPHIC) — 2699KB
- ex10-1_002.jpg (GRAPHIC) — 2927KB
- ex10-1_003.jpg (GRAPHIC) — 2685KB
- ex10-1_004.jpg (GRAPHIC) — 2343KB
- ex10-1_005.jpg (GRAPHIC) — 3147KB
- ex10-1_006.jpg (GRAPHIC) — 3313KB
- ex10-1_007.jpg (GRAPHIC) — 3192KB
- ex10-1_008.jpg (GRAPHIC) — 2368KB
- ex10-1_009.jpg (GRAPHIC) — 1878KB
- ex10-2_001.jpg (GRAPHIC) — 3449KB
- ex10-2_002.jpg (GRAPHIC) — 3549KB
- ex10-2_003.jpg (GRAPHIC) — 3578KB
- ex10-2_004.jpg (GRAPHIC) — 3412KB
- ex10-2_005.jpg (GRAPHIC) — 4120KB
- ex10-2_006.jpg (GRAPHIC) — 3919KB
- ex10-2_007.jpg (GRAPHIC) — 3584KB
- ex10-2_008.jpg (GRAPHIC) — 2013KB
- ex10-2_009.jpg (GRAPHIC) — 6667KB
- ex10-13_001.jpg (GRAPHIC) — 1643KB
- ex10-13_002.jpg (GRAPHIC) — 1615KB
- ex10-13_003.jpg (GRAPHIC) — 1776KB
- ex10-13_004.jpg (GRAPHIC) — 1649KB
- ex10-13_005.jpg (GRAPHIC) — 1582KB
- ex10-13_006.jpg (GRAPHIC) — 1673KB
- ex10-13_007.jpg (GRAPHIC) — 1649KB
- ex10-13_008.jpg (GRAPHIC) — 1438KB
- ex10-13_009.jpg (GRAPHIC) — 1490KB
- ex10-13_010.jpg (GRAPHIC) — 1606KB
- ex10-13_011.jpg (GRAPHIC) — 1382KB
- ex10-13_012.jpg (GRAPHIC) — 1229KB
- ex10-15_001.jpg (GRAPHIC) — 1085KB
- ex10-15_002.jpg (GRAPHIC) — 1277KB
- ex10-15_003.jpg (GRAPHIC) — 962KB
- ex10-15_004.jpg (GRAPHIC) — 1200KB
- ex10-15_005.jpg (GRAPHIC) — 880KB
- ex10-15_006.jpg (GRAPHIC) — 852KB
- ex10-17_001.jpg (GRAPHIC) — 502KB
- ex10-17_002.jpg (GRAPHIC) — 126KB
- 0001493152-25-003660.txt ( ) — 119360KB
USE OF PROCEEDS
USE OF PROCEEDS 27 DIVIDEND POLICY 27 CAPITALIZATION 27 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 28
BUSINESS
BUSINESS 31 MANAGEMENT 47 EXECUTIVE AND DIRECTOR COMPENSATION 52 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 57 PRINCIPAL AND REGISTERED STOCKHOLDERS 57
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 59 PLAN OF DISTRIBUTION 61 SHARES ELIGIBLE FOR FUTURE SALE 63 SALE PRICE HISTORY OF COMMON STOCK 64 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS 64 LEGAL MATTERS 68 EXPERTS 68 WHERE YOU CAN FIND MORE INFORMATION 68 INDEX TO FINANCIAL STATEMENTS F-1 i CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This prospectus includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” All statements other than statements of historical facts contained in this prospectus may be forward-looking statements. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “continues,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will,” “would” or “should” or, in each case, their negative or other variations or comparable terminology. They appear in a number of places throughout this prospectus, and include statements regarding our intentions, beliefs or current expectations concerning, among other things, our results of operations, financial condition, liquidity, prospects, growth, strategies, future acquisitions and the industry in which we operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We believe that these risks and uncertainties include, but are not limited to, those described in the “ Risk Factors ” section of this prospectus. These factors should not be construed as exhaustive and should be read with th