Ilearningengines, INC

Market Movers (8-K)

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iLearningEngines reports the resignation of its auditor, a change in CEO, termination of all employees except the Chief Restructuring Officer, and provides updates on its Chapter 11 bankruptcy case.
Worse than expected
iLearningEngines, Inc. secures court approvals to continue business operations amidst Chapter 11 bankruptcy proceedings.
Worse than expected
iLearningEngines, Inc. and its affiliates have filed for Chapter 11 bankruptcy and appointed a Chief Restructuring Officer to oversee the process.
Worse than expected
iLearningEngines, Inc. and its affiliates have filed for Chapter 11 bankruptcy and anticipate delisting from the Nasdaq Stock Market, with trading expected to move to the OTC Pink Market.
Worse than expected
iLearningEngines, Inc. received a delisting notice from Nasdaq following its Chapter 11 bankruptcy filing, leading to the resignation of key executives and potential suspension of trading.
Worse than expected
iLearningEngines, a leader in AI-powered learning and work automation, has initiated Chapter 11 bankruptcy proceedings to reorganize its finances while continuing business operations.
Worse than expected

Quarterly Earnings (10-Q)

iLearningEngines, Inc. reports a 33.9% increase in revenue for the second quarter of 2024, but significant net losses continue following its merger with Arrowroot Acquisition Corp.
Capital raise
Worse than expected
iLearningEngines Inc., formerly Arrowroot Acquisition Corp., released its first quarter 2024 financial results, showing a net loss, while also detailing the completion of its business combination.
Delay expected
Capital raise
Worse than expected

Annual Reports (10-K)

Arrowroot Acquisition Corp.'s 10-K filing details its financial status, ongoing efforts to complete a business combination, and risks associated with its operations as a special purpose acquisition company.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Thomas Olivier, a director of iLearningEngines, reports the distribution of 1,303,127 common stock shares from Arrowroot Acquisition LLC to its members.
David M. Samuels, Chief Legal Officer & EVP of iLearningEngines, acquired 1,200,000 shares of common stock in the form of restricted stock units.
Sayyed Farhan Naqvi, CFO & Treasurer of iLearningEngines, Inc., sold shares to cover tax obligations related to the settlement of restricted stock units.
Director Thomas Olivier reports transactions involving iLearningEngines, Inc. shares following the merger with Legacy iLearningEngines, including acquisitions, disposals, and forfeitures.
Matthew Safaii, a former director and CEO of iLearningEngines, reports transactions involving common stock and derivative securities following the merger with Legacy iLearningEngines.
Arrowroot Acquisition LLC reports changes in its beneficial ownership of iLearningEngines, Inc. stock following a merger and related transactions.

Proxy Statements (Def-14A)

Arrowroot Acquisition Corp. announces the postponement of its special meeting of stockholders regarding the proposed business combination with iLearningEngines Inc. and updates the record date.
Delay expected

New Public Companies (S-1)

iLearningEngines files an amendment to its Form S-1 registration statement, covering the potential issuance of shares upon warrant exercise and resale of existing shares by selling securityholders.
Capital raise
iLearningEngines amends its fee equitization agreement with Cooley LLP and files an S-1 registration statement for the potential resale of common stock and warrants by selling securityholders.
Capital raise
iLearningEngines registers for the potential resale of over 100 million shares of common stock and outstanding warrants following its merger with Arrowroot Acquisition Corp.
Worse than expected
Delay expected
Capital raise