iRobot Completes Transition to Private Ownership Following Acquisition
29.01.2026 - 13:01:04
The iRobot Corporation has ceased to be a publicly traded entity. As of Thursday, January 29, 2026, the pioneering robotic vacuum cleaner manufacturer now operates as a private company, marking the conclusion of its Chapter 11 restructuring process. Its shares have been delisted and no longer exist.
This final step follows the decisive action taken on January 23, 2026. Upon the completion of the court-supervised restructuring, all outstanding common stock was canceled and rendered worthless. Any investor holding equity prior to that effective date no longer possesses a stake in the business.
Ownership of the entire firm has been transferred to Shenzhen PICEA Robotics Co., Ltd., iRobot's long-standing manufacturing partner and a secured creditor. The Chinese entity now holds a 100% equity interest, bringing an end to the company's multi-decade history on U.S. public markets.
The formal deregistration of its securities has been initiated with the submission of Form 15 to the U.S. Securities and Exchange Commission (SEC). This filing terminates iRobot's periodic reporting obligations. The former ticker symbol, IRBT—which was later changed to IRBTQ—is now inactive.
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Restructured Leadership and Operations
While the corporate headquarters in Bedford, Massachusetts, will remain, the leadership framework has been comprehensively overhauled:
- The previous board of directors has been dissolved.
- A newly appointed board now governs the private corporation.
- A subsidiary named iRobot Safe has been established to manage U.S. customer data under the supervision of independent U.S. citizens.
This last measure is designed to address potential regulatory concerns stemming from the company's foreign ownership.
A Clean Slate: Debt Eliminated and Market Pressure Gone
The transaction's closure resolves the financial uncertainty that plagued iRobot in late 2025. Freed from the pressures of public markets and a burdensome debt load, the company aims to refocus its efforts on core product development and innovation. For former shareholders, however, January 23 represents the definitive conclusion of their investment.
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