secwatch.observer — SEC 8-K summary
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Issuer:     iLearningEngines, Inc. (—)
CIK:        0001835972
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0001213900-23-055490
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Arrowroot Acquisition extends business combination deadline to Aug 6, 2023 via $160K note draw
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- Approved $160,000 draw from Arrowroot Acquisition LLC under March 2023 promissory note.
- Funds deposited into trust account to extend deadline from July 6, 2023 to August 6, 2023.
- This is the first of seven permitted one-month extensions under amended charter.
- Note is non-interest bearing, matures upon business combination, and may convert into warrants at $1.00 per warrant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835972/000121390023055490/0001213900-23-055490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835972/000121390023055490/ea181460-8k_arrowroot.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-055490

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer