secwatch.observer — SEC 8-K summary
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Issuer:     iLearningEngines, Inc. (—)
CIK:        0001835972
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001213900-23-064590
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Arrowroot Acquisition draws $160K to extend business combination deadline to Sept 6
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- Drew $160,000 from promissory note to fund second one-month extension of business combination deadline.
- New deadline for initial business combination is September 6, 2023 (extended from August 6, 2023).
- Note bears no interest; matures upon closing of business combination or repaid from funds outside trust.
- Up to $1,760,000 of principal may be converted into warrants at $1.00 per warrant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835972/000121390023064590/0001213900-23-064590-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835972/000121390023064590/ea182928-8k_arrowroot.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-064590

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