Arrowroot Acquisition Corp.

Arrowroot Acquisition Corp.

ARRWU
Arrowroot Acquisition Corp.US flagNASDAQ Capital Market
17.00
USD
+4.66
- -
137.58MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Matthew J. Safaii
Sector
Financial Services
Industry
Shell Companies
Address
4553 Glencoe Avenue Marina del Rey CA United States of America 90292
IPO Date
Mar 2, 2021
Business
Arrowroot Acquisition Corp. (Nasdaq: ARRWU) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant independent operations other than seeking and completing an initial business combination through merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transactions targeting businesses in the enterprise software sector; it offers no proprietary products or services beyond facilitating such combinations. Sponsored by Arrowroot Capital Management LLC, a private equity firm focused on growth capital for software companies, Arrowroot Acquisition Corp. was incorporated in 2020 and maintains its headquarters in Marina del Rey, California. In April 2024, Arrowroot Acquisition Corp. completed a reverse merger with iLearningEngines Inc., an AI-powered learning automation and information intelligence provider for corporate and educational sectors, following shareholder approval on April 1, 2024 where over 97% of votes supported the business combination at an implied enterprise value of $1.4 billion; the post-merger entity trades under the ticker AILE on Nasdaq.

Company News

APIChat
  • Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

  • Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

  • Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders and New Record Date of Special Meeting of Stockholders

  • Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

  • Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders

  • Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders