iLearningEngines, Inc.: Nasdaq/NYSE listing notice — Arrowroot Acquisition Corp. receives Nasdaq deficiency notice for failing to hold annual meeting

iLearningEngines, Inc.

Received Nasdaq notice on Jan 8, 2024 for non-compliance with Listing Rule 5620(a) due to no annual meeting within 12 months of FYE Dec 31, 2022.
Has 45 days (until Feb 22, 2024) to submit a compliance plan; if accepted, up to 180 days (until June 28, 2024) to regain compliance.
Securities continue to trade on Nasdaq while plan is pending; failure could lead to appeal to Nasdaq Hearings Panel.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

iLearningEngines, Inc. received a nasdaq deficiency notice notice regarding other (rules 5620(a), 5810(c)(2)(G)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5620(a), 5810(c)(2)(G)

Exact text from the filing

January 8, 2024, Arrowroot Acquisition Corp. (the “Company”) received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company failed to hold an annual meeting of stockholders within 12 months after its fiscal year ended December 31, 2022, as required by Nasdaq Listing Rule 5620(a). In accordance with Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days (or until February 22, 2024) to submit a plan to regain compliance and, if Nasdaq accepts the plan, Nasdaq may grant the Company up to 180 calendar days from its fisca

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Source: SEC EDGAR

accession 0001213900-24-003381

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