{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-004525","form_type":"8-K","ticker":"ARAI","cik":"0001818274","company_name":"Arrive AI Inc.","filed_at":"2026-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.313468+00:00","generated_at":"2026-05-16T06:03:16.941053+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Arrive AI enters $10M convertible note with Streeterville Capital at 8% interest","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-004525","json":"https://secwatch.observer/filing/0001493152-26-004525.json","markdown":"https://secwatch.observer/filing/0001493152-26-004525.md","text":"https://secwatch.observer/filing/0001493152-26-004525.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226004525/0001493152-26-004525-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226004525/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:03:16.941053+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9680203714e353a18303e775c3f157b2fb73962","claim":"Arrive AI Inc. issued common stock to Streeterville Capital, LLC for $10,000,000 to the Company.","evidence_excerpt":"Under the Pre-Paid Purchase No. 4, the Investor paid $10,000,000 to the Company, representing the purchase price for an unsecured promissory note with an original principal balance of $10,800,000, which included an $800,000 original issue discount.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226004525/0001493152-26-004525-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Purchaser","value":"Streeterville Capital, LLC"},{"label":"Consideration","value":"$10,000,000 to the Company"}],"fact_type":"equity_issuance"},{"claim_id":"709a11acf4d9c6b09abe931ca7ef9f838ab8a089","claim":"Arrive AI Inc. entered into Side Letter Agreement with Streeterville Capital, LLC valued at Company agreed to file registration statement on Form S-1 registering at least 10,000,000 Purchase S (effective 2026-01-26).","evidence_excerpt":"On January 26, 2026, the Company entered into a Side Letter Agreement with Streeterville (the “Side Letter Agreement”) whereby the Company agreed to file a registration statement on Form S-1 that registers at least 10,000,000 Purchase Shares (as defined in the Streeterville Purchase Agreement) by February 9, 2026.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226004525/0001493152-26-004525-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Value","value":"Company agreed to file registration statement on Form S-1 registering at least 10,000,000 Purchase S"},{"label":"Effective","value":"2026-01-26"}],"fact_type":"material_agreement"},{"claim_id":"f929c608f995fb0de3cafca1bbc06ce19a6f8d1a","claim":"Arrive AI Inc. entered into Pre-Paid Purchase No. 4 with Streeterville Capital, LLC valued at $10,800,000 principal balance (effective 2026-01-26).","evidence_excerpt":"Under the Pre-Paid Purchase No. 4, the Investor paid $10,000,000 to the Company, representing the purchase price for an unsecured promissory note with an original principal balance of $10,800,000, which included an $800,000 original issue discount.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226004525/0001493152-26-004525-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Value","value":"$10,800,000 principal balance"},{"label":"Effective","value":"2026-01-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}