, /PRNewswire/ — Arrive AI, an autonomous delivery solutions provider anchored by patented artificial intelligence (AI)-powered Arrive Points, today disclosed that details of its planned direct listing on the Nasdaq are now publicly available. The Fishers-based company expects to trade under the symbol “ARAI” subject to Nasdaq’s approval of its listing application, SEC clearance and the effectiveness of the company’s registration statement.
The company’s registration statement filed on December 23, 2024, is available on the SEC website, sec.gov.
“We have always been a very transparent company and are very pleased to have this information out and on the public record,” said Arrive CEO Dan O’Toole. “We are optimistic we’ll receive approval in a timely manner and be celebrating in New York with as many of our nearly 5,000 early investors as possible.”
In 2014, O’Toole secured his first patent for his concept of a smart mailbox capable of securely accepting packages delivered autonomously, beating similar filings from …