Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
An announcement from iLearningEngines Holdings ( (AILEQ) ) is now available.
iLearningEngines, Inc. and its affiliated entities have filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware, with proceedings taking place under the case In re iLearningEngines, Inc., Case No. 24-12826. On January 13, 2025, the court granted several motions allowing the company to continue operations and fulfill obligations, such as using cash collateral, paying employee obligations, and maintaining insurance coverage, to mitigate the impact on stakeholders. However, the company warns that trading in its securities remains highly speculative, and stockholders may face significant or complete losses.
More about iLearningEngines Holdings
YTD Price Performance: -38.71%
Average Trading Volume: 11,509,880
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $26.82M
See more insights into AILEQ stock on TipRanks’ Stock Analysis page.
