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Indianapolis tech startup Arrive calls off planned merger – Indianapolis Business Journal

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Indianapolis tech startup Arrive calls off planned merger – Indianapolis Business Journal


Indianapolis-based smart-mailbox startup Arrive AI has called off its planned merger with Canada-based Brüush Oral Care Inc.

In December, Arrive announced it planned to go public by merging with Vancouver, British Columbia-based Brüush, a publicly traded e-commerce company that sells electric toothbrushes. At the time of that announcement, Arrive said it anticipated closing the merger in the first quarter of 2024.

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But late Friday, Arrive said it was terminating the merger agreement because Brüush had been suspended from the Nasdaq Stock Market for failure to comply with Nasdaq’s qualifications for listing.

“We were repeatedly advised that Brüush expected to clear its Nasdaq hurdles, but in the end, that just wasn’t the case,” Arrive CEO Dan O’Toole said in a written statement.

Under terms of the deal, the combined company would have been based in Indianapolis and led by Arrive’s existing management team, headed by O’Toole.

O’Toole said Arrive is still working to become a publicly traded company, and he believes that will happen by year’s end.

Arrive launched in 2019 and did business as DroneDek Corp. until a rebranding last year, when it became Arrive Technology Inc. The company, which rebranded again this year as Arrive AI, has developed a climate-controlled, secure receptacle for deliveries made by drones, couriers, or robots.

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One of Nasdaq’s listing requirements is that a company must have an audit committee made up of at least three people, all of whom are independent directors. On April 18, Brüush disclosed in a Securities and Exchange Commission filing that it had missed an April 12 deadline to come into compliance with the requirement. In its filing, Brüush noted that it had submitted a compliance plan to a Nasdaq hearings panel but had not yet received a decision.

Brüush also fell out of compliance with Nasdaq’s minimum share price requirement and because of a delinquency in filing its annual report for the year ended Oct. 31, 2023.



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Indianapolis, IN

NHRA reveals future plans for Lucas Oil Indianapolis Raceway Park

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NHRA reveals future plans for Lucas Oil Indianapolis Raceway Park


INDIANAPOLIS (WISH) — The National Hot Rod Association (NHRA) announced its future building plans at Lucas Oil Indianapolis Raceway Park, unveiling a multi-phase plan for the legendary facility that includes a new Wally Parks Tower, renovated suites, a new entrance for fans, and moving the professional pits to the west side of the facility.

As part of an overall reinvestment into the facilities the NHRA owns and operates, the reimaging of Lucas Oil Indianapolis Raceway Park will be a multi-year project and begins this year. The project will take place over three phases:

  • Phase 1: New Wally Parks Tower and Renovated Suites
  • Phase 2: Fan Enhancements, New Entrance, New Restrooms, New Ticket Office and Ditch Relocation
  • Phase 3: Shifting the Pro Pits to West Side of the Facility

The new Wally Parks Tower is set to be completed in time for the 2025 NHRA U.S. Nationals, and will be an impressive three-story facility that will feature race control, media center, television broadcasting capabilities and three suites on the third floor.

(Provided Photo/National Hot Rod Association)
(Provided Photo/National Hot Rod Association)
(Provided Photo/National Hot Rod Association)
(Provided Photo/National Hot Rod Association)
(Provided Photo/National Hot Rod Association)



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Former Indianapolis Colts player Daniel Muir arrested after missing son found safe

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Former Indianapolis Colts player Daniel Muir arrested after missing son found safe


A former Indianapolis Colts player has been arrested after his teenage son, who had been missing for two weeks, was found at the family’s home in Kokomo, Indiana.

Bryson Muir, 14, was found “safe and well” and is now in the care of the Cass County Department of Child Services, according to Indiana State Police.

Daniel Muir, 40, was taken into custody Wednesday morning and faces charges of domestic battery and obstruction of justice, police said.

Daniel Muir of the Indianapolis Colts warms up before a game in Baltimore, Nov. 22, 2009.

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George Bridges/MCT via Getty Images

Muir, a defensive tackle, played in the NFL for seven seasons, four with the Colts, from 2007 to 2013. He played in college at Kent State, but went undrafted in 2007 before signing as a free agent with the Green Bay Packers. He had just 99 tackles and 1.5 sacks in his career.

Muir’s wife and the boy’s mother, 38-year-old Kristin Muir, was also arrested and charged with obstruction of justice, according to police.

Bryson was last seen June 16 leaving a relative’s home in Ohio with his mother, Indiana State Police said last week.

The two left in a car belonging to Servant Leader’s Foundation, a religious organization that also owns the property where the Muir family resided, police said. Shortly after leaving the relative’s home, police pulled the car over, but Bryson was not inside.

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Two days later, the Cass County Department of Child Services asked police to investigate allegations of domestic battery toward Bryson.

PHOTO: Bryson Muir is seen here in an undated photo that was released by Indiana State Police.

Bryson Muir is seen here in an undated photo that was released by Indiana State Police.

Indiana State Police/Facebook

Police said they attempted to contact his parents, but were initially unsuccessful. They later agreed to bring Bryson to meet with police, but then “backed out of that arrangement, which signaled an unwillingness to cooperate.”

On Wednesday, police said they had found Bryson. A photo released by police showed the 14-year-old with a black eye.

An investigation remains ongoing, and police asked anyone with information about the incident to call 800-382-0689.

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When will trash be picked up for the week of July 4, 2024? Check your service here

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When will trash be picked up for the week of July 4, 2024? Check your service here


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If you typically drag your bins to the curb on Thursday, things may be a little different this week due to the July 4th holiday.

July 4th: Everything to know about celebrating the Fourth of July around Indianapolis

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Indianapolis area trash service on July 4

Trash will not be picked up in Indianapolis, Lawrence and Greenwood on July 4; or for Republic and Waste Management customers. It will be delayed one day. Beech Grove city trash pickup also will be delayed one day.

Priority’s Zionsville customers will not have trash pickup on July 4 and will also be delayed one day. City trash services also are delayed one day in Carmel and Noblesville

What’s open July 4?: Here’s which national chains you can visit

Find out what other businesses and services will be closed on July 4 at this link.



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