Brandtree

iRobot: prepackaged Chapter 11 and acquisition by Picea

United States Bankruptcy Court for the District of Delaware: voluntary petitions under chapter 11 to implement a prepackaged plan of reorganization. Latest step in the sources reviewed: Plan took effect, 23 January 2026. This case is a reorganisation rather than a sale of named assets; who holds the company afterwards is recorded in the linked deal below.

Court or authority
United States Bankruptcy Court for the District of Delaware (US-DE)
Proceeding
voluntary petitions under chapter 11 to implement a prepackaged plan of reorganization
Case number
The case number is not stated in the Form 8-K.
Parties
iRobot Corporation (debtor); Shenzhen PICEA Robotics Co., Ltd. (plan sponsor)
Brands
Roomba

Timeline

Only steps with evidence are shown. A missing step is stated as missing, not assumed.

DateStepWhat the source says
14 December 2025Proceeding filediRobot Corporation and two subsidiaries filed voluntary chapter 11 petitions in the Delaware bankruptcy court to implement a prepackaged plan.
14 December 2025Restructuring announcedBefore filing, the debtors signed a restructuring support agreement with Picea Robotics and its Hong Kong subsidiary Santrum.
22 January 2026Plan confirmed by the courtThe court confirmed the plan.
23 January 2026Plan took effectThe plan became effective. All shares and equity interests outstanding before that date were cancelled, and new common stock was issued to the company's new stockholder. · Brandtree deal record

Company status and brand status are separate

EntityLegal statusTrading statusBrand availability
iRobot (company)Reorganized under the plan; same legal entity, new sole stockholdernot evidencednot evidenced

A dissolved company does not mean a brand is gone, and a closed court case does not mean a closed business. A relaunch does not prove that the new operator is a legal successor or took on any liability.

The deal in Brandtree's records

Bankruptcy sale closed

Picea acquires iRobot

iRobot filed for Chapter 11 on 14 December 2025, less than two years after Amazon abandoned its takeover. Its plan was confirmed on 22 January 2026 and took effect the next day, when Shenzhen PICEA Robotics, formerly Shenzhen 3irobotix and one of its contract manufacturers, acquired 100 per cent of the equity through its Hong Kong subsidiary Santrum Hong Kong. The old iRobot shares were cancelled, and the company that invented the Roomba is now wholly owned by a Chinese robotics firm.

Value
Undisclosed
Buyer
Picea
Seller
creditors
Regulatory
None recorded

This case adds context to the existing deal record; it is not a second acquisition.

Evidence

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