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ARAI · S-3 effective for resale

Arrive AI Inc. · EFFECT filed Nov 9, 2026 at 00:15 ET

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BEARISHIMPACT 6/10

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.

  • S-3 registration (File No. 333-299686) declared effective on November 6, 2026
  • Registers 1,665,382 shares for resale by Growth Capital Partners LLC
  • Shares were issued in a private placement on October 5, 2026 with $250,000 gross proceeds to the company
  • Company receives no proceeds from the resale; potential $269,231 if warrant exercised for cash

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