iRobot's 2025-26 bankruptcy: what Picea's takeover changed, and what the filings told Roomba owners

The company behind the Roomba robot vacuum changed hands through a bankruptcy court. On December 14, 2025, iRobot Corporation of Bedford, Massachusetts, and two of its subsidiaries filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware to carry out a prepackaged plan of reorganization. The court confirmed the plan on January 22, 2026, and it took effect the next day. That left iRobot wholly owned by Shenzhen PICEA Robotics and its subsidiary Santrum Hong Kong, together called Picea: iRobot's primary contract manufacturer, and by then the holder of all of its secured debt. This guide sets out, from iRobot's filings with the Securities and Exchange Commission read on November 12, 2026, what the plan changed and what the company told customers. It does not assess any iRobot product.

How iRobot reached chapter 11

The filings trace a slide that began nearly two years earlier. On January 28, 2024, iRobot and Amazon agreed to end the merger agreement they had signed in August 2022, with Amazon to pay the previously agreed $94 million termination fee. The next day, iRobot announced a restructuring expected to cut about 350 jobs, 31% of its global workforce as of December 30, 2023, and said Colin Angle had stepped down as chief executive. When it reported its 2024 results on March 12, 2025, iRobot said there was substantial doubt about its ability to continue as a going concern, and its board began a review of strategic alternatives that included a possible sale.

A filing of December 1, 2025 says the other party to a potential sale withdrew in late October, after a long period of exclusive negotiations. On November 24, 2025, Picea's Santrum acquired the lenders' rights under iRobot's 2023 credit agreement from affiliates of The Carlyle Group, along with $190.7 million in principal and interest then outstanding. iRobot also owed Picea $161.5 million for making its products, $90.9 million of it past due, and the company warned that a deal outside bankruptcy was unlikely.

What the plan changed

Under the plan, Picea received all of the reorganized company's common equity: 95% for its claims under the credit agreement and 5% for some of its claims under the August 2023 supply agreement. Existing iRobot shares were cancelled, and their holders received nothing. Other general unsecured creditors, trade suppliers included, were left unimpaired, to be paid in full on the effective date or in the ordinary course. When the plan took effect on January 23, 2026, iRobot's obligations under the credit agreement were cancelled, it issued 10,000 new shares to its new stockholder, and a five-member board replaced the old one.

The manufacturing link was renewed first. On December 11, 2025, three days before the petitions, iRobot signed a two-year agreement under which Picea would keep designing, building and supplying some iRobot products.

The stock left the market in stages. Nasdaq told iRobot on December 15, 2025, that it would delist the shares because of the chapter 11 filing, with trading suspended from December 22. Nasdaq then filed a Form 25 on January 15, 2026. On January 26, iRobot filed a Form 15, its notice terminating the registration of its common stock, which suspended its duty to file annual, quarterly and current reports. The form gave the number of holders of record as one.

What the filings said about customers

The December filings spoke to customers directly. On the first day, iRobot asked the court for the authority it needed to keep operating as usual, including to “honor all customer obligations in the ordinary course”. Its December 14 press release said the company would keep operating with “no anticipated disruption” to how its app works, to customer programs and product support, or to its partners and suppliers during the process. It added that court notices sent out by its claims agent, Stretto, were routine and required no action from customers.

The January 23, 2026 release, issued as the plan took effect, described a new arrangement for consumer data. iRobot said it had created iRobot Safe Corporation, a separate U.S.-based subsidiary responsible for protecting U.S. consumer data. It is to be governed by an independent board of U.S. citizens and to have an independent U.S.-based data security officer and its own chief executive. According to the company, iRobot Safe and its other controls are designed to keep a clear separation between its non-U.S. ownership and the data of its U.S. and other customers. The release also said iRobot would keep its headquarters in Bedford, with engineering, product development and marketing anchored in the United States.

None of the filings we read sets out warranty terms or an end date for app or cloud support. Their statements about customers describe what the company expected and planned at the time.

Where things stand

According to its January 2026 release, iRobot became a privately held company wholly owned by Picea. Because the Form 15 suspended its reporting duty, its SEC record stops there. On November 12, 2026, EDGAR's list of iRobot filings showed nothing after the Form 15 and the Form 8-K of January 26, 2026. So the filings give no financial figures after that date, and no report on how iRobot Safe has worked since it was announced.

The SEC record shows who owns the company and how its debts were settled. Questions about a particular robot's warranty or app account are for iRobot's own customer support. What federal law requires of written warranties is explained in our guide to product warranties.