iLearningEngines Announces Effectiveness of Form S-1 Registration for Existing Shares
iLearningEngines (NASDAQ: AILE), a leader in AI-powered learning and work automation for enterprises, announced that the SEC declared effective its Form S-1 registration statement on August 9, 2024. This registration is for the resale of certain existing shares and warrants held by current shareholders, fulfilling obligations under the Amended and Restated Registration Rights Agreement dated April 16, 2024.
Key points:
- No new shares are being issued or sold by the company
- The number of outstanding shares remains unchanged unless registered warrants are exercised
- A substantial portion of registered shares are subject to resale restrictions
iLearningEngines will report Q2 2024 financial results on August 13, 2024, before market open, followed by a conference call and webcast at 8:00 a.m. Eastern Time.
iLearningEngines (NASDAQ: AILE), un leader nell'automazione dell'apprendimento e del lavoro alimentato dall'IA per le imprese, ha annunciato che la SEC ha dichiarato efficace il suo modulo di registrazione Form S-1 il 9 agosto 2024. Questa registrazione riguarda la rivendita di alcune azioni esistenti e warrant detenuti dagli azionisti attuali, adempiendo agli obblighi previsti dall'Accordo di Diritti di Registrazione Modificato e Riformulato datato 16 aprile 2024.
Punti chiave:
- Non vengono emesse o vendute nuove azioni dalla società
- Il numero di azioni in circolazione rimane invariato a meno che i warrant registrati non vengano esercitati
- Una parte sostanziale delle azioni registrate è soggetta a restrizioni sulla rivendita
iLearningEngines riporterà i risultati finanziari del Q2 2024 il 13 agosto 2024, prima dell'apertura del mercato, seguiti da una conferenza telefonica e una trasmissione web alle 8:00 ora orientale.
iLearningEngines (NASDAQ: AILE), un líder en automatización de aprendizaje y trabajo impulsada por IA para empresas, anunció que la SEC declaró efectivo su formulario de registro S-1 el 9 de agosto de 2024. Este registro es para la reventa de ciertas acciones existentes y warrants en posesión de accionistas actuales, cumpliendo con las obligaciones bajo el Acuerdo de Derechos de Registro Modificado y Reformulado datado el 16 de abril de 2024.
Puntos clave:
- No se están emitiendo ni vendiendo nuevas acciones por parte de la empresa
- El número de acciones en circulación permanece sin cambios a menos que se ejerzan los warrants registrados
- Una parte sustancial de las acciones registradas está sujeta a restricciones de reventa
iLearningEngines reportará los resultados financieros del Q2 2024 el 13 de agosto de 2024, antes de la apertura del mercado, seguido de una conferencia telefónica y una transmisión web a las 8:00 a.m. hora del Este.
iLearningEngines (NASDAQ: AILE)는 기업을 위한 AI 기반 학습 및 작업 자동화의 선두주자로서, SEC가 2024년 8월 9일에 제정된 Form S-1 등록성을 유효하다고 발표했다고 밝혔습니다. 이 등록은 현재 주주가 보유한 일부 기존 주식 및 워런트의 재판매와 관련되어 있으며, 2024년 4월 16일자 개정 및 재작성된 등록권 계약에 따른 의무를 이행합니다.
주요 사항:
- 회사는 새로운 주식을 발행하거나 판매하지 않습니다
- 특정 워런트가 행사되지 않는 한, 발행된 주식의 수는 변하지 않습니다
- 등록된 주식의 상당 부분이 재판매 제한을 받습니다
iLearningEngines는 2024년 8월 13일, 시장 개장 전 Q2 2024 재무 결과를 보고하며, 그 후 동부 표준시 오전 8시에 전화 회의와 웹캐스트가 이어질 예정입니다.
iLearningEngines (NASDAQ: AILE), un leader dans l'automatisation de l'apprentissage et du travail propulsée par l'IA pour les entreprises, a annoncé que la SEC a déclaré efficace son formulaire d'enregistrement S-1 le 9 août 2024. Cet enregistrement concerne la revente de certaines actions existantes et warrants détenus par des actionnaires actuels, satisfaisant ainsi aux obligations découlant de l'Accord de Droits d'Enregistrement Modifié et Révisé en date du 16 avril 2024.
Points clés :
- Aucune nouvelle action n'est émise ou vendue par la société
- Le nombre d'actions en circulation reste inchangé, sauf si les warrants enregistrés sont exercés
- Une partie substantielle des actions enregistrées est soumise à des restrictions de revente
iLearningEngines publiera les résultats financiers du T2 2024 le 13 août 2024, avant l'ouverture du marché, suivi d'une conférence téléphonique et d'un webinaire à 8h00 heure de l'Est.
iLearningEngines (NASDAQ: AILE), ein führendes Unternehmen im Bereich KI-gestützte Lern- und Arbeitsautomatisierung für Unternehmen, gab bekannt, dass die SEC am 9. August 2024 seinen Registrierungserklärungsformular S-1 für wirksam erklärt hat. Diese Registrierung betrifft den Wiederverkauf bestimmter bestehender Aktien und Warrants, die von den aktuellen Aktionären gehalten werden, und erfüllt die Verpflichtungen gemäß dem geänderten und neu gefassten Registrierungsrechtsvertrag vom 16. April 2024.
Wichtige Punkte:
- Es werden keine neuen Aktien von dem Unternehmen ausgegeben oder verkauft
- Die Anzahl der ausstehenden Aktien bleibt unverändert, es sei denn, registrierte Warrants werden ausgeübt
- Ein erheblicher Teil der registrierten Aktien unterliegt Wiederverkaufsbeschränkungen
iLearningEngines wird am 13. August 2024 vor Markteröffnung die Finanzzahlen für das 2. Quartal 2024 bekanntgeben, gefolgt von einer Telefonkonferenz und einem Webcast um 08:00 Uhr Eastern Time.
- SEC declared Form S-1 registration statement effective, fulfilling contractual obligations
- No dilution of existing shareholders as no new shares are being issued
- Potential future dilution if registered warrants are exercised
- Possible increase in share supply if current shareholders decide to sell registered shares
BETHESDA, Md., Aug. 12, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines” or “ILE”), a leader in AI-powered learning and work automation for enterprises, today announced that on August 9, 2024 the SEC declared effective ILE’s registration statement on Form S-1 related to the registration for resale of certain existing shares of the ILE’s common stock and warrants held by current shareholders. The company filed the registration statement, in part, to satisfy registration obligations contained in the Amended and Restated Registration Rights Agreement, dated April 16, 2024, by and among iLearningEngines, members of Arrowroot Acquisition LLC, and certain former stockholders of iLearningEngines, Inc.
iLearningEngines is neither issuing nor selling new shares of its common stock in connection with the registration statement, and there will be no change to the number of outstanding shares unless warrants covered by the registration statement are subsequently exercised. A substantial portion of the registered shares are subject to resale restrictions, the details of which are disclosed in the registration statement.
As a reminder, iLearningEngines will report financial results for the second quarter ended June 30, 2024 before the U.S. financial markets open on Tuesday, August 13, 2024. The company will also host a conference call and webcast presentation on Tuesday, August 13, 2024 at 8:00 a.m. Eastern Time to discuss the Company’s financial results. A live webcast of the call will be available on iLearningEngines’ Investor Relations website, https://investors.ilearningengines.com/, via its “Events & Presentations” page. Please use the following registration link to access the call by phone. A replay of the webcast also will be available for a limited time at https://investors.ilearningengines.com/.
About iLearningEngines
iLearningEngines (Nasdaq: AILE) is a leading Applied AI platform for learning and work automation. iLearningEngines enables Enterprises to rapidly productize and deploy a wide range of AI applications and use cases (AI Engines) at scale.
iLearningEngines is powered by proprietary vertical specific AI models and data with a flexible No Code AI canvas to drive rapid out-of-the-box deployment while offering low latency and high levels of data security and compliance.
Serving over 1,000 enterprise end customers, iLearningEngines is deployed globally into some of the most demanding vertical markets including Healthcare, Education, Insurance, Retail, Energy, Manufacturing and Public Sector to achieve mission critical outcomes.
For more information about iLearningEngines, please visit: www.ilearningengines.com.
IR & Press Contacts:
Investor Contact:
Kevin Hunt, ICR Inc.
iLearningEnginesIR@icrinc.com
Press Contact:
Dan Brennan, ICR Inc.
iLearningPR@icrinc.com
FAQ
What did iLearningEngines (AILE) announce on August 12, 2024?
Is iLearningEngines (AILE) issuing new shares with this Form S-1 registration?
When will iLearningEngines (AILE) report its Q2 2024 financial results?
Are the registered shares of iLearningEngines (AILE) subject to any restrictions?
