Arrive AI enters $10M convertible note with Streeterville Capital at 8% interest

Arrive AI Inc.

Principal $10.8M including $800K OID; proceeds $10M; interest 8% compounded daily.
Conversion price at lesser of listing reference price or 90% of 10-day VWAP, floor $0.25.
Monthly cash payments of $1.375M upon trigger events including VWAP below $0.25 for 5 days.
Side letter requires registration statement covering 10M shares by Feb 9, 2026.
Maxim Group receives 4% placement fee on gross proceeds.

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