secwatch.observer — SEC 8-K summary
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Issuer:     iLearningEngines, Inc. (—)
CIK:        0001835972
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001213900-23-094392
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Arrowroot Acquisition Corp. extends deadline to Jan 6, 2024 with $160K draw from sponsor loan
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- Drew $160,000 from sponsor promissory note to extend business combination deadline by one month to January 6, 2024.
- This is the sixth of seven permitted one-month extensions under the company's charter; one extension remains.
- The note bears no interest, matures upon closing of a business combination, or is forgiven if no deal occurs.
- Up to $1,760,000 of the note principal may be converted into warrants at $1.00 per warrant by the lender.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835972/000121390023094392/0001213900-23-094392-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835972/000121390023094392/ea189697-8k_arrowroot.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-094392

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