By Colin Kellaher
Shares of iRobot collapsed in premarket trading Monday after the maker of Roomba robotic vacuums filed for chapter 11 bankruptcy with a deal in hand to be acquired by its primary contract manufacturer.
iRobot, which in early 2024 saw a $1.4 billion deal to be acquired by Amazon fall apart due to European regulatory concerns, on Sunday said current holders of its common stock would experience a total loss under its proposed reorganization plan.
Shareholders are generally wiped out in bankruptcy cases.
Shares of iRobot, which closed Friday at $4.32, were recently down 83% at 75 cents in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 15, 2025 06:10 ET (11:10 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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