Arrive AI Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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Jun 30, 2026 · Filed Aug 13, 2026
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Item 1. Legal Proceedings
From time to time, Arrive AI Inc. (the “Company”) may be subject to various claims, lawsuits and other legal and administrative proceedings arising in the ordinary course of business. Defending such proceedings is costly and may impose a significant burden on management and employees. The results of any current or future litigation cannot be predicted with certainty, and regardless of outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors. Other than as set forth below and in Note 16,Commitments and Contingencies, to the condensed financial statements included in Part I, Item 1 of this Quarterly Report, which disclosure is incorporated herein by reference, the Company is not presently a party to any litigation the outcome of which, if determined adversely to us, would in our estimation have a material adverse effect on our business, operating results, cash flows or financial condition.
There have been no material developments in the Company’s previously disclosed legal proceedings during the period ended June 30, 2026, except as follows:
Byfield Management, Inc. and Ohrn II, Richard B. v. Dronedek Corporation. No material developments occurred during the quarter. Discovery documents have been exchanged and no further motions or trial dates are pending. Plaintiff’s allegations remain approximately $29 million in total damages; the Company continues to believe it is not possible at this time to predict the outcome of this litigation.
Doan and Town v. Company (E.D. Va. / remanded, Case No. 760CL25003626-00). Since the matter was previously disclosed, the plaintiffs increased their damages demand from $45,082 to $175,000. The matter remains in its initial stages, and the Company is unable to predict the outcome at this time.
Company v. Wright / Wright Flyer Consulting Group Inc. (S.D. Ind., Case No. 1:2025cv02026). Discovery is underway.
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