Streetbeat News

ARRW

Arrowroot Acquisition Corp

Open

12.41

Mkt cap

148M

Volume

45K

High

18.00

P/E Ratio

-48.65

52-wk high

18.00

Low

12.41

Div yield

N/A

52-wk low

12.41

iLearningEngines has finalized its business combination with Arrowroot Acquisition Corp and will begin trading on the Nasdaq under the ticker symbol 'AILE'.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 8:13 pm

Agenus Inc. experienced a significant drop of 17% in its stock price after announcing a 1-for-20 reverse stock split. Other stocks also showed notable movements, with Auddia Inc. surging 231.7% following a new U.S. patent award, and Longeveron Inc. climbing 93.2% after submitting paperwork for a share offering. UTime Limited, U Power Limited, and several other companies also saw significant gains. Conversely, 22nd Century Group Inc. and Perion Network Ltd. were among the top losers, with sharp declines in their stock prices.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 5:10 pm

Arrowroot Acquisition Corp. (NASDAQ:ARRW) shareholders approved the business combination with iLearningEngines, Inc., a leader in AI-powered learning automation. Over 97% of Arrowroot's shares voted in favor of the merger, which is expected to close following the satisfaction of all conditions. The combined entity will operate as iLearningEngines, Inc. and plans to list on Nasdaq under the ticker 'AILE', with warrants under 'AILEW', subject to closing and Nasdaq requirements.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:14 pm

Benchmark analyst Matthew Harrigan has initiated coverage on Arrowroot Acquisition (NASDAQ:ARRW) with a Buy rating and set a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 3:50 pm

Arrowroot Acquisition has identified an accounting error in its previously issued financial statements for the quarterly period ended March 31, 2023.

Portfolio Pulse from Charles Gross

August 17, 2023 | 8:42 pm

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