{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-23-001128","form_type":"8-K","ticker":null,"cik":"0001835972","company_name":"iLearningEngines, Inc.","filed_at":"2023-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.899054+00:00","generated_at":"2026-06-10T05:37:28.508728+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Arrowroot Acquisition draws $500K on sponsor note; balance now $1.2M","bullets":["On Sept 27, 2023, drew additional $500,000 from Sponsor under $2M promissory note.","Total outstanding: $1,200,000; remaining availability: $800,000.","Note bears 15% simple interest; matures upon business combination or winding up.","Original note dated June 13, 2023; initial funding was $700,000."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-23-001128","json":"https://secwatch.observer/filing/0001013762-23-001128.json","markdown":"https://secwatch.observer/filing/0001013762-23-001128.md","text":"https://secwatch.observer/filing/0001013762-23-001128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835972/000101376223001128/0001013762-23-001128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835972/000101376223001128/ea186164-8k_arrowroot.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T05:37:28.508728+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52412dff1a26c7e66a93512def2ac8c90259d91d","claim":"iLearningEngines, Inc. incurred debt of $500,000 with Arrowroot Acquisition LLC at fifteen percent (15%) per annum maturing upon closing of a business combination or the date that the winding up of the Company is effective.","evidence_excerpt":"On September 27, 2023, the Company drew down an additional amount of $500,000 (the “Drawdown Amount”) pursuant to the terms of the Note (as contemplated and governed by the Note), after which $1,200,000 was outstanding under the Note.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835972/000101376223001128/0001013762-23-001128-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Principal","value":"$500,000"},{"label":"Counterparty","value":"Arrowroot Acquisition LLC"},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Maturity","value":"upon closing of a business combination or the date that the winding up of the Company is effective"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"853e42b8481171e707461fead6274e9edef6d789","claim":"iLearningEngines, Inc. incurred loan of up to $2,000,000 with Arrowroot Acquisition LLC at fifteen percent (15%) per annum maturing upon closing of a business combination or the date that the winding up of the Company is effective.","evidence_excerpt":"On June 13, 2023, Arrowroot Acquisition Corp., a Delaware corporation and blank check company (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of up to $2,000,000 to Arrowroot Acquisition LLC (the “Sponsor”), of which $700,000 was funded by the Sponsor upon execution of the Note.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835972/000101376223001128/0001013762-23-001128-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $2,000,000"},{"label":"Counterparty","value":"Arrowroot Acquisition LLC"},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Maturity","value":"upon closing of a business combination or the date that the winding up of the Company is effective"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}