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Tuesday, April 16, 2024

Equity Corporate Actions Alert #2024 - 196
(UPDATED: Corrected name) Information Regarding the Business Combination of Arrowroot Acquisition Corp. (ARRW/W/U) and iLearningEngines, Inc

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The business combination of Arrowroot Acquisition Corp. (ARRW/W/U) and iLearningEngines, Inc. closed today, Tuesday, April 16, 2024. Following the completion of the business combination, the company's Class A Common stock (ARRW) and Warrants (ARRWW) will undergo a name, symbol and CUSIP number change. The company's Units (ARRWU) will be suspended from trading. These actions will become effective on April 17, 2024.

The details of the name & CUSIP changes are follows:

Current Company Name & Issue Type: Arrowroot Acquisition Corp. Class A Common Stock
New Company Name & Issue Type: iLearningEngines, Inc Common Stock
Current CUSIP: 04282M102
New CUSIP: 45175Q106
Current Symbol: ARRW
New Symbol: AILE
Marketplace Effective Date: April 17, 2024

Current Company Name & Issue Type: Arrowroot Acquisition Corp. Warrant
New Company Name & Issue Type: iLearningEngines, Inc. Warrant expiring 04/16/2029
Current CUSIP: 04282M110
New CUSIP: 45175Q114
Current Symbol: ARRWW
New Symbol: AILEW
Marketplace Effective Date: April 17, 2024

If you would like to register as a market maker in AILE or AILEW, contact Nasdaq Trading Services at +1 212 231 5100.

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