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Proposed Symbol | ARAI |
---|---|
Company Name | Arrive AI Inc. |
Exchange | NASDAQ Global |
Share Price | $ |
Employees | 7 (as of 12/31/2024) |
Status | Priced |
Shares Offered | 29,978,212 |
Offer amount | $372,700,000.00 |
Shares Over Alloted | |
Company Address | 7601 E. 88TH PLACE BUILDING 3 INDIANAPOLIS IN 4625685 |
Company Phone | 5106982462 |
Company Website | www.arriveai.com |
CEO | Daniel S. O’Toole |
State of Inc | |
Fiscal Year End | 04-20 |
Total Offering Expense | $1,416,691.37 |
Shareholder Shares Offered | |
Shares Outstanding | 29,978,212 |
Lockup Period (days) | 180 |
Lockup Expiration | 2025-11-11 00:00:00 |
Quiet Period Expiration | 2025-06-24 00:00:00 |
CIK | 0001818274 |
DealId | 1131698-112459 |
We were incorporated on April 30, 2020, in the State of Delaware under the name of Dronedek Corporation. The Company changed its name to Arrive Technology Inc. on July 27, 2023. The Company changed its name to Arrive AI Inc. on September 30, 2024. We are a developmental technology company with a focus on designing and implementing a commercially viable smart mailbox and platform system for smart, secure, and seamless exchange of packages, goods, supplies, food, and medications between people, through the use of robots, and drones. We have not started conducting commercial operations and we had no revenues for fiscal years 2022, 2023 or 2024. --- Our corporate address is 12175 Visionary Way, Fishers, Indiana 46038. Telephone Number: (463) 270-0092. Our website can be found at https://www.arriveai.com/. We were incorporated on April 30, 2020, in the State of Delaware under the name of Dronedek Corporation. The Company changed its name to Arrive Technology Inc. on July 27, 2023. The Company changed its name to Arrive AI Inc. on September 30, 2024.