Shares of iRobot are down 95% since 2021. iRobot’s failed acquisition by Amazon has thrown the company into disarray. Management must grapple with significant debt payments due in the next three years ...
IRobot, a U.S. robotics company once courted by Amazon, will be acquired by Picea, its primary contract manufacturer. The transaction is part of a Chapter 11 restructuring process filed Sunday in U.S.