{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-046599","form_type":"8-K","ticker":"ARAI","cik":"0001818274","company_name":"Arrive AI Inc.","filed_at":"2026-10-09T21:18:40+00:00","discovered_at":"2026-10-09T21:20:00.285216+00:00","generated_at":"2026-10-12T14:58:06.521006+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Arrive AI raises $250K PIPE at $0.65/share, 213% premium; corrects 'registered direct' description","bullets":["PIPE: 384,615 shares at $0.65 plus a warrant for 384,615 shares at $0.70 expiring Oct 5, 2031; aggregate purchase price $250,000; closed Oct 5, 2026.","Press release called it a registered direct offering under the shelf S-3; the 8-K clarifies the shares and warrant were unregistered, sold under Section 4(a)(2)/Rule 506(D).","Company must file an S-3 resale registration statement within 20 days; investor also expressed interest in evaluating up to $10 million in additional financing, with no assurance.","Warrant permits cashless exercise using a 3.33x share multiplier and a 4.99% beneficial-ownership blocker, raisable to 9.99% after 61 days' notice; $5,000 buyer legal reimbursement.","Net proceeds for general working capital; press release cites the $0.65 price as a ~213% premium to the recent $0.2075 trading level."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-046599","json":"https://secwatch.observer/filing/0001493152-26-046599.json","markdown":"https://secwatch.observer/filing/0001493152-26-046599.md","text":"https://secwatch.observer/filing/0001493152-26-046599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226046599/0001493152-26-046599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226046599/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:58:06.521006+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}