---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-112871"
form_type: "8-K"
ticker: null
cik: "0001835972"
company_name: "iLearningEngines, Inc."
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:06:38.442859+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# iLearningEngines receives Nasdaq delisting notice after Chapter 11 filing; top executives resign

## Summary
- Nasdaq will suspend trading of AILE common stock and warrants on Jan 2, 2025; delisting effective upon Form 25-NSE.
- Company filed for Chapter 11 bankruptcy on Dec 23, 2024, triggering delisting under Nasdaq Rules 5101, 5110(b), IM-5101-1.
- CEO Harish Chidambaran, ex-CFO Farhan Naqvi, President Balakrishnan Arackal, and two other execs resigned from employment Dec 23; Chidambaran and Arackal remain on Board.
- Company is cooperating with SEC and DOJ investigations self-reported by a Special Committee; Hindenburg Research allegations prompted internal probe.
- Stockholders warned of potential significant or complete loss on investment depending on Chapter 11 outcome.

## SEC filing metadata
- accession: 0001213900-24-112871
- form_type: 8-K
- cik: 0001835972
- company_name: iLearningEngines, Inc.
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 3.01, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835972/000121390024112871/0001213900-24-112871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835972/000121390024112871/ea0226043-8k_ilearning.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-112871
- JSON: https://secwatch.observer/filing/0001213900-24-112871.json
- Plain text: https://secwatch.observer/filing/0001213900-24-112871.txt

## Key facts
- Listing & Compliance Notices
  iLearningEngines, Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5101, 5110(b), IM-5101-1
  source text: December 23, 2024, iLearningEngines , Inc. (the “ Company ”) received a letter (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, in connection with the Company’s December 23, 2024 announcement that it had filed for protection under Chapter 11 of the U.S. Bankruptcy Code, and in accordance with Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1, the Nasdaq Staff had determined to delist the Company’s securities from The Nasdaq Stock Market. The Notice further states that trading in the Company’s common stock and wa
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835972/000121390024112871/0001213900-24-112871-index.htm

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