Arrive AI (NASDAQ:ARAI) Announces $0.65 per Share Direct Investment at 213% Premium to Market; Institutional Investor Signals Interest in Up to $10 Million
The direct investment was priced at
The investor has also expressed interest in evaluating additional financing transactions with
Premium-Priced Capital Reflects Outside Confidence During a Key Execution Year
The investment was completed through a registered direct offering pursuant to the Company's effective shelf registration statement on Form S-3. The initial investment amount was
"We believe this premium-priced investment sends an important signal at a pivotal time for
About Arrive AI
Arrive AI (NASDAQ:ARAI) is building the infrastructure for autonomous logistics through a network of intelligent delivery endpoints that enable secure, asynchronous exchange of goods. The company's platform supports drones, ground robotics, and human couriers, solving the "last inch of the last-mile" challenge across logistics, healthcare, and enterprise delivery.
Forward-Looking Statements
This news release and statements of Arrive AI's management in connection with this release or related events may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events and expected business and financial performance and often include words such as "expects," "anticipates," "intends," "plans," "believes," "potential," "will," "should," "could," "would," "optimistic," or "may," and similar expressions. These statements are based on information available as of the date of this release and reflect management's current views and assumptions. They are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may be beyond the company's control. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. With respect to any potential additional financing transactions, there can be no assurance such transactions will be completed on the terms described or at all. Potential investors should review Arrive AI's Registration Statement and other filings, including risk factors, available at the U.S. Securities and Exchange Commission website at www.sec.gov. Arrive AI undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date of this release, except as required by law.
Media Contact
Tasha Jones, Marketing Communications Manager, Arrive AI, media@arriveai.com
Investor Contact
Alliance Advisors IR, ARAI.IR@allianceadvisors.com
SOURCE: Arrive AI, Inc.
press release

