Arrive AI enters into $14.97M ATM equity offering with Maxim Group

Arrive AI Inc.

Up to $14,967,247 of common stock may be sold through Maxim as sales agent.
Commission rate of 2.5% of gross sales price; company not obligated to sell any shares.
Shares issued under shelf registration (File No. 333-296392) declared effective June 11, 2026.
Offering is an 'at-the-market' program under Rule 415; company can suspend sales at any time.

item 1.01 item 9.01

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Arrive AI Inc. entered into Sales Agreement with Maxim Group LLC valued at up to $14,967,247 (effective 2026-06-11).

Action: entry
Agreement: atm program
Counterparty: Maxim Group LLC
Value: up to $14,967,247
Effective: 2026-06-11

Exact text from the filing

On June 11, 2026, the Company entered into an Equity Distribution Agreement (the “ Sales Agreement ”) with Maxim Group LLC (“ Maxim ”), to sell shares of its common stock, par value $0.0002 per share (the “ Shares ”), having an aggregate offering price of up to $14,967,247, from time to time, through an “at the market offering” program under which Maxim, acting as sales agent, will offer and sell the Shares.

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Source: SEC EDGAR

accession 0001493152-26-028428

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