Arrive AI shareholders back Nevada redomicile via written consent
ARAI•Arrive AI shareholders approved moving the company’s domicile from Delaware to Nevada while maintaining its Nasdaq listing under ARAI. The consent also authorizes increasing the equity plan reserve to 10 million shares, raising authorized common shares to 500 million and allowing reverse splits from 1-for-10 to 1-for-65.
1. Shareholder approvals
Arrive AI directors and majority stockholders executed unanimous board consent and majority written consent on Sept. 4, 2026. The company is set to redomicile from Delaware to Nevada and retain its Arrive AI name and Nasdaq listing under ARAI.
2. Share and split changes
The approvals authorize increasing the equity incentive plan reserve to 10 million shares from 1.5 million, effective 20 days after mailing, and increasing authorized common stock to 500 million shares from 200 million. The board may execute one or more reverse stock splits, ranging from 1-for-10 to 1-for-65, over the next year.
