{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-021871","form_type":"8-K","ticker":null,"cik":"0001835972","company_name":"iLearningEngines, Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.179477+00:00","generated_at":"2026-05-25T02:01:52.474657+00:00","sec_items":["1.03","5.02","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"iLearningEngines Chapter 11 cases converted to Chapter 7; trustee assumes control","bullets":["Bankruptcy Court approved conversion to Chapter 7 on March 6, 2025; Chapter 7 trustee appointed.","Trustee now controls iLearningEngines and affiliates; board and executive officers' authority eliminated.","Company warns stockholders may experience significant or complete loss on investment.","Trading in common stock (AILE) and warrants (AILEW) is highly speculative during Chapter 7."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-021871","json":"https://secwatch.observer/filing/0001213900-25-021871.json","markdown":"https://secwatch.observer/filing/0001213900-25-021871.md","text":"https://secwatch.observer/filing/0001213900-25-021871.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835972/000121390025021871/0001213900-25-021871-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835972/000121390025021871/ea0233532-8k_ilearning.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T02:01:52.474657+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ee5d2351673daa707198ccd8f752fd5ad3efd897","claim":"iLearningEngines, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2025-03-06).","evidence_excerpt":"On March 6, 2025, the Bankruptcy Court approved the conversion of the Chapter 11 Cases to cases under Chapter 7 of the Bankruptcy Code (the \"Chapter 7 Cases\").","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835972/000121390025021871/0001213900-25-021871-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 7"},{"label":"Court","value":"United States Bankruptcy Court for the District of Delaware"},{"label":"Petition","value":"2025-03-06"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}