8-K
filed January 26, 2026, 6:59 PM ET
CIK 0001159167
other material
confidence high
sentiment neutral
materiality 0.90
IROBOT CORP: going-concern / distress — iRobot emerges from Chapter 11; Picea acquires 100% equity, new board appointed
IROBOT CORP
- All existing common stock cancelled; Picea acquires 100% of iRobot via prepackaged plan confirmed Jan 22, 2026.
- New board of directors includes James Yang Yong, Ada Feng Huiwei, Garry Liao Delin, Robert McCarthy, Kenneth A. Mendelson.
- Company created U.S.-based subsidiary iRobot Safe with independent board and Data Security Officer to protect consumer data.
- iRobot will file Form 15 to deregister securities and suspend SEC reporting obligations.
- Headquarters remain in Bedford, MA; Picea was primary contract manufacturer and secured lender.
Key facts
Extracted from this filing and checked against the source text.
Distress & Bankruptcy
SEC 8-K Item 1.03
confidence 1.0
IROBOT CORP entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2025-12-14).
- Proceeding
- chapter 11
- Court
- United States Bankruptcy Court for the District of Delaware
- Petition
- 2025-12-14
Exact text from the filing
Item 1.03 Bankruptcy or Receivership. As previously disclosed, on December 14, 2025 (the “Petition Date”), iRobot Corporation (the “Company”) and its subsidiaries iRobot US Holdings, LLC and iRobot Holdings LLC (together with the Company, the “Company Parties”) filed voluntary petitions (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (“Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to implement a prepackaged chapter 11 plan of reorganization (the “Plan”) that effectuates a financial restructuring of the Company (the “Financial Reorganization”).
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
IROBOT CORP issued 10,000 shares of common stock of common stock to the Company’s new stockholder.
- Security
- common stock
- Shares
- 10,000 shares of common stock
- Purchaser
- the Company’s new stockholder
Exact text from the filing
Upon the effectiveness of the Plan on the Effective Date, the Company issued an aggregate of 10,000 shares of common stock, par value $0.001 (the “New Common Stock”), to the Company’s new stockholder in accordance with the terms of the Plan and certain other agreements.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
IROBOT CORP: Adopted Amended and Restated Bylaws upon effectiveness of Plan.
- Change
- bylaw amendment
Exact text from the filing
Upon the effectiveness of the Plan on the Effective Date, the Company adopted an Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
IROBOT CORP: Adopted Amended and Restated Certificate of Incorporation upon effectiveness of Plan.
- Change
- charter amendment
Exact text from the filing
Upon the effectiveness of the Plan on the Effective Date, the Company adopted an Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
IROBOT CORP completed an acquisition involving Picea (Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited) for through which Picea has acquired 100% of the equity interests in iRobot (closed 2026-01-23).
- Action
- acquisition
- Counterparty
- Picea (Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited)
- Consideration
- through which Picea has acquired 100% of the equity interests in iRobot
- Closing
- 2026-01-23
Exact text from the filing
iRobot Corporation ("iRobot" or the "Company"), a leader in consumer robots, today announced the successful completion of its previously announced strategic transaction with Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited (collectively "Picea") , through which Picea has acquired 100% of the equity interests in iRobot.
View on SEC.gov
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