Welcome to our dedicated page for Arrowroot Acquisition Unit news (Ticker: ARRWU), a resource for investors and traders seeking the latest updates and insights on Arrowroot Acquisition Unit stock.
Arrowroot Acquisition Corp. (NASDAQ: ARRWU, ARRW, ARRWW) is a special purpose acquisition company focused on merging with businesses. Led by Matthew Safaii and Thomas Olivier, the company aims to identify attractive investment opportunities in the enterprise software sector. With a postponed special meeting, Arrowroot continues to engage stockholders in crucial decisions.
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iLearningEngines Inc. appoints Michael Moe and Ian Davis to the board of directors post-business combination with Arrowroot Acquisition Corp. Both bring extensive experience in business, investment, and technology. Moe is the CEO of GSV, known for investing in major digital learning businesses. Davis has held leadership roles in various organizations, including McKinsey & Company. Their expertise will enhance iLearningEngines' growth strategy.
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Arrowroot Acquisition Corp. postpones its Special Meeting of stockholders to April 1, 2024, providing details on accessing the virtual meeting and extending deadlines for redemption of Public Shares.
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Arrowroot Acquisition Corp. postpones its Special Meeting of stockholders to March 28, 2024, maintaining access to the virtual meeting and extending the redemption deadline for Class A common stock.
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Arrowroot Acquisition Corp. postpones its Special Meeting of stockholders to March 25, 2024, accessible virtually. Stockholders can still vote and change their vote until the new deadline. The Company extends the redemption deadline for Public Shares.
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iLearningEngines partners with Hillsinai Learning and Vedhik AI Schools to provide AI-powered learning automation for over 500,000 students. The collaboration aims to offer various educational programs like psychometric assessments, career guidance, and skill enhancement. The initiative marks a significant milestone for iLearningEngines, Hillsinai Learning, and Vedhik AI Schools, showcasing the transformative power of technology in education.
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Arrowroot Acquisition Corp. postpones its special meeting of stockholders to March 15, 2024, allowing more time for shareholders to participate and make decisions. The record date remains January 18, 2024, with options for voting and redemption extended. Stockholders can access the virtual meeting online with their meeting control number.
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Arrowroot Acquisition Corp. postpones its Special Meeting of stockholders to February 22, 2024. Stockholders can access the virtual meeting online and vote until February 20, 2024. The record date remains January 18, 2024.
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Arrowroot Acquisition Corp. postpones its special meeting of stockholders from February 2, 2024, to February 2, 2024, at 4:30 p.m. Eastern Time. The meeting can still be accessed virtually, and stockholders can vote even if they have sold their shares after the record date of December 8, 2023. Okapi Partners LLC can assist with changing votes, and redemption requests can be withdrawn before the rescheduled meeting.
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Arrowroot Acquisition Corp. (Nasdaq: ARRWU) announced that holders of its initial public offering units, totaling 250 million, can now separately trade shares of Class A common stock and warrants starting April 22, 2021. The Class A common stock and warrants will trade under the symbols 'ARRW' and 'ARRWW', respectively. Cantor served as the sole book-running manager for the offering, which received SEC approval on March 1, 2021. The press release emphasizes that it does not constitute an offer to sell securities and includes a caution regarding forward-looking statements.
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FAQ
What is the current stock price of Arrowroot Acquisition Unit (ARRWU)?
The current stock price of Arrowroot Acquisition Unit (ARRWU) is $17 as of April 16, 2024.
What is Arrowroot Acquisition Corp.?
Arrowroot Acquisition Corp. is a special purpose acquisition company formed to merge with businesses and drive attractive investment opportunities in the enterprise software sector.
Who leads Arrowroot Acquisition Corp.?
Matthew Safaii and Thomas Olivier are at the helm of Arrowroot Acquisition Corp., bringing decades of experience in identifying, evaluating, and investing in growth companies.
What is the purpose of the postponed special meeting?
The postponed special meeting allows stockholders to engage in crucial decisions regarding the company's future. Stockholders have the opportunity to participate virtually and make informed choices.
How can stockholders access the virtual special meeting?
Stockholders can access the virtual special meeting by visiting www.virtualshareholdermeeting.com/ARRW2024SM and entering the 12-digit meeting control number from their proxy card.
Can stockholders change their vote for the special meeting?
Stockholders can change their vote for the special meeting by contacting Okapi Partners LLC at (212) 297-0720 or info@okapipartners.com. Voting rights remain available even if shares have been sold.
What opportunities does Arrowroot Acquisition Corp. focus on?
Arrowroot Acquisition Corp. evaluates various sectors but emphasizes the enterprise software sector due to its management team's vast experience and network.
Who are the participants in the solicitation of proxies for Arrowroot Acquisition Corp.?
Arrowroot Acquisition Corp. and iLearningEngines, along with their directors, executive officers, and employees, may be participants in soliciting proxies from stockholders. Detailed information is available in the definitive proxy statement/prospectus.
Where can stockholders find more information about the special meeting and business combination transaction?
Stockholders can access detailed information about the special meeting and the business combination transaction in the Registration Statement filed with the SEC. Additional documents will provide important insights for informed decision-making.
How can stockholders withdraw their redemption requests?
Stockholders wishing to withdraw their redemption requests can do so by requesting the transfer agent to return their Public Shares before the specified deadline. Detailed instructions are available for a smooth process.
What is the focus of Arrowroot Acquisition Corp.'s management team?
The management team of Arrowroot Acquisition Corp. leverages its diverse experience and extensive relationships to identify transformational growth companies, with a particular emphasis on attractive opportunities in the enterprise software sector.
Arrowroot Acquisition Corp. Unit