iLearningEngines Voluntarily Initiates Chapter 11 Proceedings [Yahoo! Finance]
iLearningEngines, Inc. (AILE)
Company Research
Source: Yahoo! Finance
BETHESDA, Md., Dec. 23, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines,” “ILE” or the “Company”), a leader in AI-powered learning and work automation, today announced that on December 20, 2024 the Company voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware (the “Court”). The Company will seek Court approval to continue operating on a business as usual basis during the proceedings and intends to continue to provide support to its installed customer base that relies on its Applied AI platform to run their businesses. “We appreciate the continued support of our customers, partners and employees, and our hope is that this process will put us in a better position to serve those stakeholders going forward, allowing for a stronger, more robust business over the long-term,” said iLearningEngines Interim CEO Tom Olivier. “Since taking over as Interim CEO on December 5, 2024, I have met with a nu
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AILE
News
- Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against iLearningEngines, Inc. (AILE) and Encourages Investors to Learn More About the InvestigationAccesswire
- Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against iLearningEngines, Inc. (AILE) And Encourages Investors to Reach OutAccesswire
- Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against iLearningEngines, Inc. (AILE) And Encourages Stockholders to Reach OutAccesswire
- iLearningEngines Voluntarily Initiates Chapter 11 ProceedingsGlobeNewswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating iLearningEngines, Inc. (AILE) And Encourages Stockholders to ConnectAccesswire
AILE
Sec Filings
- 12/23/24 - Form 8-K
- 12/16/24 - Form 8-K/A
- 12/10/24 - Form 424B3
- AILE's page on the SEC website