Brief: Irobot Says Picea To Buy Irobot Through Chapter 11 Process

iRobot

15/12/2025 24:02

Dec 14 (Reuters) - iRobot Corp IRBT.O:

IROBOT ANNOUNCES STRATEGIC TRANSACTION TO DRIVE LONG-TERM GROWTH PLAN

IROBOT CORP - PICEA TO BUY IROBOT THROUGH CHAPTER 11 PROCESS

IROBOT CORP - PICEA TO RECEIVE 100% EQUITY INTERESTS IN IROBOT

IROBOT CORP - TO BECOME PRIVATE, SHARES DELISTED FROM NASDAQ

IROBOT CORP - ENTERED INTO RESTRUCTURING SUPPORT AGREEMENT WITH SECURED LENDER, SHENZHEN PICEA ROBOTICS AND SANTRUM HONG KONG CO.

IROBOT CORP - COMMENCED A PRE-PACKAGED CHAPTER 11 PROCESS IN DISTRICT OF DELAWARE

IROBOT CORP - EXPECTS TO COMPLETE PRE-PACKAGED CHAPTER 11 PROCESS BY FEBRUARY 2026.

IROBOT CORP - DURING CHAPTER 11 PROCESS, IROBOT WILL CONTINUE OPERATING IN ORDINARY COURSE

IROBOT CORP - UPON COMPLETION OF TRANSACTION, IROBOT WILL BE A PRIVATE CO WHOLLY OWNED BY PICEA, ITS SHARES OF COMMON STOCK WILL NO LONGER BE LISTED

IROBOT CORP - HOLDERS OF COMPANY'S COMMON STOCK WILL NOT RECEIVE ANY EQUITY OF REORGANIZED COMPANY

Source text: ID:nPn5GRtL0a

Further company coverage: IRBT.O

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