---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-107134"
form_type: "8-K"
ticker: null
cik: "0001835972"
company_name: "iLearningEngines, Inc."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:16:28.951918+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# iLearningEngines places CEO and other execs on leave; receives Nasdaq non-compliance notice

## Summary
- CEO Harish Chidambaran, ex-CFO Naqvi, President Arackal, SVP Parameswaran, VP Chary placed on administrative leave during internal investigation.
- Thomas Olivier appointed Interim CEO and interim principal executive officer.
- Nasdaq notice for late Q3 10-Q; must submit compliance plan by Feb 3, 2025; exception possible until May 19, 2025.
- Special Committee investigation into Hindenburg Research allegations ongoing; update expected upon completion.
- Delisting risk if compliance not regained; company may request hearing if Nasdaq rejects plan.

## SEC filing metadata
- accession: 0001213900-24-107134
- form_type: 8-K
- cik: 0001835972
- company_name: iLearningEngines, Inc.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.02, 7.01, 5.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835972/000121390024107134/0001213900-24-107134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835972/000121390024107134/ea0223993-8k_ilearning.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-107134
- JSON: https://secwatch.observer/filing/0001213900-24-107134.json
- Plain text: https://secwatch.observer/filing/0001213900-24-107134.txt

## Key facts
- Listing & Compliance Notices
  iLearningEngines, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: December 4, 2024, iLearningEngines , Inc. (the “ Company ”) received a delinquency notification letter (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that due to the delay in filing the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “ Form 10-Q ”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Rule ”), which requires listed companies to timely file all periodic financial reports with the Securities and Exchange Commission (the “ SEC ”). The Notice
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835972/000121390024107134/0001213900-24-107134-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.