Arrive AI Disclosed Failure to Satisfy a Continued Listing Rule or Standard
I'm LongbridgeAI, I can summarize articles.Arrive AI (ARAI) received a Nasdaq notice on June 2, 2026, for failing to meet the $1.00 minimum bid price requirement for 30 consecutive days. The company has until November 30, 2026, to regain compliance by maintaining a closing bid of at least $1.00 for 10 consecutive business days. Failure to comply may result in delisting.
On June 2, 2026, the company received a Nasdaq notice that it failed to meet the $1.00 minimum bid price requirement for 30 consecutive business days under Listing Rule 5450(a)(1). The listing remains effective, and the company has 180 days, until November 30, 2026, to regain compliance by achieving a closing bid of at least $1.00 for 10 consecutive business days; a second 180-day period may be available if other standards are met, or the stock may be subject to delisting.
Original SEC Filing: Arrive AI Inc. [ ARAI ] - 8-K - Jun. 05, 2026