{"filing":{"accession_number":"0001493152-26-037434","cik":"0001818274","ticker":"ARAI","company_name":"Arrive AI Inc.","form":"8-K","filing_date":"2026-08-12","report_date":"2026-08-06","primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1818274/000149315226037434/form8-k.htm"},"events":[{"id":27359,"run_id":24926,"accession_number":"0001493152-26-037434","anchor_item_number":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Item 2.04 discloses a \"Floor Price Trigger\" under Pre-Paid Purchase agreements with Streeterville Capital, triggered when the company's stock VWAP fell below $0.25 per share for five trading days within seven consecutive days. This triggering event accelerates a direct financial obligation: mandatory monthly cash repayments of $962,500 beginning August 9, 2026, continuing until the outstanding balance is paid in full. This is a classic covenant breach scenario—a technical default that accelerates financial obligations and signals potential financial distress.","company_name":"Arrive AI Inc.","ticker":"ARAI","filing_date":"2026-08-12","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":28861,"accession_number":"0001493152-26-037434","item_number":null,"item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 2.04 discloses a \"Floor Price Trigger\" under Pre-Paid Purchase agreements with Streeterville Capital, triggered when the company's stock VWAP fell below $0.25 per share for five trading days within seven consecutive days. This triggering event accelerates a direct financial obligation: mandatory monthly cash repayments of $962,500 beginning August 9, 2026, continuing until the outstanding balance is paid in full. This is a classic covenant breach scenario—a technical default that accelerates financial obligations and signals potential financial distress.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T21:16:39.498038+00:00","company_name":"Arrive AI Inc.","ticker":"ARAI","filing_date":"2026-08-12"}]}
