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Lower-priced "fast followers," primarily from China (such as Ecovacs), significantly eroded iRobot's market share.

Under the terms of the restructuring agreement, 100% of the company's equity was transferred to Picea, and existing common stock is expected to be cancelled , typically leaving no value for public shareholders. Why iRobot Faced This Outcome irbt buy or sell

The common stock (IRBT) was officially suspended by Nasdaq on December 22, 2025, and subsequently delisted in January 2026. Lower-priced "fast followers," primarily from China (such as