Highest-materiality recent filing
Investor will not deliver Purchase Notices on outstanding Pre-Paid Purchases until Dec 31, 2026, unless stock price is ≥15% above Nasdaq Minimum Price.
Arrive AI restates Q2/Q3 2025 on convertible note derivative error; appoints T-Mobile exec to board
Accounting error: conversion feature on Streeterville convertible notes misclassified; requires embedded derivative treatment per ASC 815-40.
Arrive AI receives Nasdaq deficiency notices for MVPHS and MVLS below required thresholds
MVPHS fell below $15M for 30 consecutive days through Mar 31, 2026; 180-day cure period until Sep 28, 2026.
Arrive AI enters $10M convertible note with Streeterville Capital at 8% interest
Principal $10.8M including $800K OID; proceeds $10M; interest 8% compounded daily.
Arrive AI closes $3.0M pre-paid convertible note with Streeterville Capital
Streeterville paid $3.0M for a $3.24M promissory note (8% interest, $240K OID), convertible into common shares at a discount.
Effective June 1, 2025, the board of directors (the “Board”) of Arrive AI, Inc. (the “Company”) appointed Laurie A. Tucker as independent director and member of the Board as well as member of the compensation committee of the Company’s Board.
Max materiality 0.75 · Median 0.60 · Most common event other_material