iRobot’s revenue has tanked and it’s almost out of cash
“Consistent with our policy, we do not comment on matters of this nature beyond our public disclosures. As disclosed in our Form 8-K filed with the SEC, we have reached an agreement with our primary lender to extend our covenant waiver under our loan agreement through December 1, 2025, in order to continue our active and ongoing review of strategic alternatives, including, but not limited to, exploring a potential sale or strategic transaction and refinancing our debt. As we head into the holiday season, we remain focused on executing our strategy and delivering for our valued customers, partners, and consumers.“
“Consistent with our policy, we do not comment on matters of this nature beyond our public disclosures. As disclosed in our Form 8-K filed with the SEC, we have reached an agreement with our primary lender to extend our covenant waiver under our loan agreement through December 1, 2025, in…
