Indianapolis, Indiana — September 8, 2025 — Leads & Copy — Arrive AI (Nasdaq: ARAI) announced today its Board of Directors has authorized a share repurchase program of up to $10 million of the Company’s common stock from now through March 31, 2026.
The authorization reflects the Board’s view that the current share price represents an attractive investment relative to Arrive AI’s long-term opportunities. Repurchases may be made from time to time in the open market, through privately negotiated transactions, or under Rule 10b5-1 trading plans, in each case in accordance with Rule 10b-18 under the Securities Exchange Act of 1934 and subject to market conditions and other factors, including customary blackout periods. The program may be modified, suspended, or terminated at any time at the Company’s discretion.
According to Dan O’Toole, Founder and CEO of Arrive AI, the company believes ARAI is materially undervalued given its momentum and the scale of the opportunity in autonomous, secure delivery. He added that this authorization gives the company the flexibility to be opportunistic when conditions are favorable, while it continues executing and building long-term shareholder value at the last inch of the last-mile.
Arrive AI’s patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered Arrive Points™, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience.
Kylie Conway, Arrive AI, investorrelations@arriveai.com | 463-270-0092
Source: Arrive AI
