On the same day it announced it would go public via a SPAC iLearning Inc. (AILE), an AI-powered learning automation and information intelligence platform, revealed it had waived lock-up restrictions for holders of Convertibles and individuals owning 3% or less of the Common.

The disclosure was made after markets closed on a Friday.

On Monday April 29th, more than 13.9 million shares— or approx. 10.3% of shares outstanding— become immediately available for trading.