iLearningEngines Enters First Amendment to Loan and Security Agreement To Secure Incremental $20M In Funding
Portfolio Pulse from Benzinga Newsdesk
iLearningEngines has entered into the first amendment to its Loan and Security Agreement to secure an additional $20 million in funding.
July 03, 2024 | 12:03 pm
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iLearningEngines has secured an additional $20 million in funding through an amendment to its Loan and Security Agreement, which could enhance its financial stability and growth prospects.
The additional $20 million in funding will likely improve iLearningEngines' financial stability and provide capital for growth initiatives, positively impacting its stock price in the short term.
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