“Given macroeconomic and tariff-related uncertainties, there is substantial doubt about iRobot’s ability to continue as a going concern,” iRobot said in a statement. The vacuum cleaner maker is having a hard time keeping up with Chinese rivals such as Ecovacs Robotics, which offer advanced features at lower prices. In August 2022, iRobot had agreed to a $61-per-share takeover by Amazon, a deal some analysts viewed as a lifeline for the company and a potential enhancement for Amazon’s smart home division.
Yahoo! Finance: IRBT News
