{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-048633","form_type":"8-K","ticker":null,"cik":"0001835972","company_name":"iLearningEngines, Inc.","filed_at":"2023-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.025593+00:00","generated_at":"2026-06-14T02:18:02.269274+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Arrowroot Acquisition issues $2M promissory note to sponsor, draws $700K at 15% interest","bullets":["Unsecured promissory note for up to $2M issued to sponsor Arrowroot Acquisition LLC; initial drawdown of $700K.","Note bears 15% simple annual interest; matures upon initial business combination or winding up.","Repayment limited to funds outside the trust account; note forfeited if no business combination occurs.","Drawdowns require sponsor approval; minimum $10K per request unless agreed otherwise."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-048633","json":"https://secwatch.observer/filing/0001213900-23-048633.json","markdown":"https://secwatch.observer/filing/0001213900-23-048633.md","text":"https://secwatch.observer/filing/0001213900-23-048633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835972/000121390023048633/0001213900-23-048633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835972/000121390023048633/ea179998-8k_arrowroot.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T02:18:02.269274+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":"d714fc2e9a322cd0da90d5cf91620a53d61351d0","claim":"iLearningEngines, Inc. incurred loan of $2,000,000 with Arrowroot Acquisition LLC at 15% per annum maturing upon closing of the Company’s initial 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 $2,000,000 to Arrowroot Acquisition LLC (the “Sponsor”), of which $700,000 was funded by the Sponsor upon execution of the Note. The Note bears interest at 15% per annum and matures upon closing of the Company’s initial business combination or the date that the winding up of the Company is effective (such date, the “Maturity Date”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835972/000121390023048633/0001213900-23-048633-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2,000,000"},{"label":"Counterparty","value":"Arrowroot Acquisition LLC"},{"label":"Rate","value":"15% per annum"},{"label":"Maturity","value":"upon closing of the Company’s initial 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"}