EFFECT filed Nov 9, 2026 at 00:15 ET
The SEC declared effective the S-3 registration statement (File No. 333-299686) filed by Arrive AI Inc. on October 29, 2026, which registers 1,665,382 shares for resale by Growth Capital Partners LLC, the investor in an October 5, 2026 private placement. The company received $250,000 in gross proceeds from that placement and will receive no proceeds from the resale, though it could receive up to $269,231 if the warrant is exercised for cash. With a $5M market cap and a stock price of $0.11, the potential dilution from the warrant shares is substantial, and the filing highlights the company's precarious financial position, including a going concern warning from its former auditor.