---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-039134"
form_type: "8-K"
ticker: "ARAI"
cik: "0001818274"
company_name: "Arrive AI Inc."
filed_at: "2026-08-19T12:30:21+00:00"
generated_at: "2026-08-19T12:35:17.838129+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Arrive AI cuts workforce 20%, secures $100K note, lowers floor price to $0.10

## Summary
- VWAP fell below $0.25 floor, triggering $962,500 mandatory monthly repayments under prior prepaid purchases.
- Entered Pre-Paid Purchase No. 5: Streeterville pays $100,000 for $108,000 note (8% interest, $8,000 OID).
- Floor price reduced from $0.25 to $0.10 per share for Pre-Paid Purchases No. 2, 3, and 5.
- Workforce reduced ~20%, expected annualized savings ~$1,524,000; ~450,000 RSUs forfeited.
- Waiver allows Streeterville to submit purchase notices under Pre-Paid Purchase No. 5 without Price Condition.

## SEC filing metadata
- accession: 0001493152-26-039134
- form_type: 8-K
- ticker: ARAI
- cik: 0001818274
- company_name: Arrive AI Inc.
- filed_at: 2026-08-19T12:30:21+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818274/000149315226039134/0001493152-26-039134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818274/000149315226039134/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-039134
- JSON: https://secwatch.observer/filing/0001493152-26-039134.json
- Plain text: https://secwatch.observer/filing/0001493152-26-039134.txt

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