{"schema_version":"secwatch.filing_event.v1","accession":"0001159167-25-000095","form_type":"8-K","ticker":null,"cik":"0001159167","company_name":"IROBOT CORP","filed_at":"2025-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.906715+00:00","generated_at":"2026-05-16T15:51:08.966753+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"iRobot's $190.7M debt transferred to contract manufacturer Picea; bankruptcy likely, stockholders may get zero","bullets":["Carlyle assigned $190.7M principal & interest to Santrum (Picea unit); debt now held by key supplier.","iRobot owes Picea $161.5M for manufacturing, $90.9M past due; discussions ongoing for resolution.","Covenant waivers extended to Jan 15, 2026; company admits it cannot likely avoid bankruptcy outside process.","Cash $24.8M vs $205.3M loan fair value; auditor's going concern doubt persists, no new capital sources.","Strategic sale process: counterparty withdrew in late Oct; company says any deal likely only in bankruptcy."],"urls":{"canonical":"https://secwatch.observer/filing/0001159167-25-000095","json":"https://secwatch.observer/filing/0001159167-25-000095.json","markdown":"https://secwatch.observer/filing/0001159167-25-000095.md","text":"https://secwatch.observer/filing/0001159167-25-000095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1159167/000115916725000095/0001159167-25-000095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1159167/000115916725000095/irbt-20251124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:51:08.966753+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2264bfe400cc1d3ebb4447db937a165be3bcfe3b","claim":"IROBOT CORP amended credit facility of $190.7 million with Santrum Hong Kong Co., Limited.","evidence_excerpt":"of The Carlyle Group, as administrative agent and collateral agent, and the Original Lenders (the “Credit Agreement”). In connection with this transaction, Santrum assumed the $190.7 million in principal and interest outstanding under the Credit Agreement as of November 24, 2025 and replaced TCG Senior Funding L.L.C. as administrative agent and collateral agent under","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1159167/000115916725000095/0001159167-25-000095-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$190.7 million"},{"label":"Counterparty","value":"Santrum Hong Kong Co., Limited"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}