Arrive AI issues warrants in $250,000 registered direct offering priced at $0.65 per unit
ARAI•Arrive AI set a $250,000 registered direct offering at $0.65 per unit, with each unit including one common share and one warrant. The warrants have a $0.70 exercise price, and the investor signaled interest in evaluating up to $10 million in additional financing, subject to conditions.
1. Offering terms
Arrive AI set a registered direct offering at $0.65 per unit, with each unit including one common share and one warrant. The warrants have an exercise price of $0.70 per share, and the initial investment totaled $250,000. The investor signaled interest in evaluating up to $10 million of additional financing, subject to conditions.
