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iLearningEngines Holdings ( (AILE) ) has provided an update.
iLearningEngines, Inc. has initiated Chapter 11 bankruptcy proceedings to reorganize its finances while continuing operations, aiming to emerge as a stronger entity. The company reassures stakeholders, including customers, partners, and employees, of its commitment to maintaining business functions and support during the restructuring process.
More about iLearningEngines Holdings
iLearningEngines, Inc. is a leader in AI-powered learning and work automation, providing an Applied AI platform to support businesses.
YTD Price Performance: -91.55%
Average Trading Volume: 820,482
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $124.9M
See more insights into AILE stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
