{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-318337","form_type":"8-K","ticker":null,"cik":"0001159167","company_name":"IROBOT CORP","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.907135+00:00","generated_at":"2026-05-16T13:09:56.988230+00:00","sec_items":["1.01","1.03","2.04","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":1.0,"confidence":"high","headline":"iRobot files Chapter 11 prepack; Picea to acquire 100% equity; existing stock cancelled","bullets":["On Dec 14, 2025, iRobot and subsidiaries filed prepackaged Chapter 11 petitions in Delaware to implement a financial restructuring.","Under the Plan, secured lender Picea receives 100% of reorganized common equity; existing IRBT shares cancelled with no recovery for holders.","Picea agreed to support the Plan under a Restructuring Support Agreement; milestones target Court confirmation within 45 days and effective date by Feb 2026.","Executive retention bonuses paid Dec 10: CEO Cohen $1.575M, President Engel $848k, CFO Wong $597k, CHRO Connelly $371k.","Two-year Supply Agreement with Picea signed Dec 11; Picea's payment right tolled 55 days then net 90-day terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-318337","json":"https://secwatch.observer/filing/0001193125-25-318337.json","markdown":"https://secwatch.observer/filing/0001193125-25-318337.md","text":"https://secwatch.observer/filing/0001193125-25-318337.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1159167/000119312525318337/0001193125-25-318337-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1159167/000119312525318337/d97115d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:09:56.988230+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}