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iLearningEngines Inc
6701 Democracy Blvd.
Phone: (310) 566-5966p:310 566-5966 BETHESDA, MD  20817  United States Ticker: AILEQAILEQ
Filed for Bankruptcy on 12/20/2024
Case #24-12826, filed in the U.S. Bankruptcy Court for the District of Delaware
On November 11, 2024, the Audit Committee of the Board, based on the recommendation of, and after consultation with, the Special Committee, determined that (i) the audited consolidated financial statements of iLearningEngines Holdings, Inc., as of December 31, 2023 and 2022 and for each of the three years in the period ended December 31, 2023, (ii) the audited consolidated financial statements as of December 31, 2022 and 2021 and for each of the three years in the period ended December 31, 2022, (iii) the company’s unaudited financial statements for the quarter ended June 30, 2024, (iv) Holdings’ unaudited financial statements for the quarter ended March 31, 2024, and (v) Holdings’ unaudited financial statements for the quarters ended June 30, 2022, September 30, 2022, June 30, 2023 and September 30, 2023, should no longer be relied upon. At this time, the Company is unable to determine whether it must correct financial statements for the Non-Reliance Period, or if such corrections are necessary, the quantification of such corrections.
Business Summary
iLearningEngines, Inc. provides a cloud-based, artificial intelligence (AI) driven mission-critical training platform for enterprises. The Company’s AI and learning automation platform is used by enterprises to productize their enterprise knowledge for consumption throughout the enterprise. The AI learning and engagement platform has cloud-based, mobile, offline and multimedia capabilities that can be used to deliver personalized learning and engagement modules. It has developed an in-process learning platform that enables organizations to deliver learning in the flow of day-to-day activities. Its platform enables enterprises to build intelligent Knowledge Clouds that incorporate large volumes of structured and unstructured information across disparate internal and external systems, and to automate organizational processes that leverage these Knowledge Clouds to improve performance. It provides solutions to vertical markets, including healthcare, education, insurance, and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023YesYesYes-Yes

Industries
SIC Code Description
6770 Blank checks
7372 Prepackaged software

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Interim Chief Executive Officer, Director ThomasOlivier 57 12/5/2024 4/1/2024
Interim Chief Financial Officer Bonnie-JeanneGerety 62 11/12/2024 11/12/2024
Chief Legal Officer, Executive Vice President - Corporate Affairs, Secretary DavidSamuels 61 4/1/2024 4/1/2024
5 additional Officers and Directors records available in full report.

Business Names
Business Name
AILE
AILEQ
Arrowroot Acquisition Corp.
7 additional Business Names available in full report.

General Information
Number of Employees: 101 (As of 6/30/2024)
Outstanding Shares: 141,173,275 (As of 8/8/2024)
Shareholders: 2
Stock Exchange: OTC
Federal Tax Id: 853961600
Fax Number: (302) 636-5454


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Wednesday, January 29, 2025