---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-026672"
form_type: "8-K"
ticker: "ARAI"
cik: "0001818274"
company_name: "Arrive AI Inc."
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T14:03:33.518336+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Arrive AI closes $3.0M pre-paid convertible note with Streeterville Capital

## Summary
- Streeterville paid $3.0M for a $3.24M promissory note (8% interest, $240K OID), convertible into common shares at a discount.
- Conversion price is lesser of initial Nasdaq reference price or 90% of lowest VWAP over 10 trading days, subject to $0.25 floor.
- Company may prepay at 115% of principal with 5 days' notice; monthly $412.5K cash payments triggered on price or share issuance events.
- Maxim Group acted as placement agent, receiving 6% cash fee on gross proceeds and future pre-paid purchases.
- Shares issuable are unregistered, sold under Section 4(a)(2) and Regulation D.

## SEC filing metadata
- accession: 0001493152-25-026672
- form_type: 8-K
- ticker: ARAI
- cik: 0001818274
- company_name: Arrive AI Inc.
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818274/000149315225026672/0001493152-25-026672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818274/000149315225026672/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-026672
- JSON: https://secwatch.observer/filing/0001493152-25-026672.json
- Plain text: https://secwatch.observer/filing/0001493152-25-026672.txt

## Key facts
- Equity Issuances
  Arrive AI Inc. issued convertible note to Streeterville for $3,000,000 in proceeds.
  - Security: convertible note
  - Purchaser: Streeterville
  - Consideration: $3,000,000 in proceeds
  source text: Under the Pre-Paid Purchase No. 3, the Investor paid $3,000,000 to the Company, representing the purchase price for an unsecured promissory note with an original principal balance of $3,240,000, which included a $240,000 original issue discount.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818274/000149315225026672/0001493152-25-026672-index.htm
- Material Agreements
  Arrive AI Inc. entered into Pre-Paid Purchase No. 3 with Streeterville valued at $3,000,000 (effective 2025-12-03).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Streeterville
  - Value: $3,000,000
  - Effective: 2025-12-03
  source text: On December 3, 2025, Arrive AI Inc. (the “Company”) entered into a Pre-Paid Purchase No. 3 with Streeterville (the “Pre-Paid Purchase No. 3”) pursuant to the Streeterville Purchase Agreement dated March 21, 2025. Under the Pre-Paid Purchase No. 3, the Investor paid $3,000,000 to the Company, representing the purchase price for an unsecured promissory note with an original principal balance of $3,240,000, which included a $240,000 original issue discount.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818274/000149315225026672/0001493152-25-026672-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.