Arrive AI files draft information statement for Nevada redomestication
ARAI•Reverse stock split authorization and record date
Reverse stock split authorization was granted for one or more splits over the next year, with ratios ranging from 1-for-10 to 1-for-65.
Record date set for Sept. 4, 2026; shares outstanding totaled 51,876,209, with 26,014,746 shares supporting the authorizations.
Shareholder approvals for redomestication and capital changes
Arrive AI shareholders authorized a redomestication from Delaware to Nevada, keeping the Arrive AI name and Nasdaq symbol ARAI.
Equity plan amendment cleared to lift the 2023 Equity Incentive Plan share reserve to 10,000,000 from 1,500,000.
Charter amendment authorized to raise common stock authorization to 500,000,000 from 200,000,000, contingent on the Nevada conversion.
