Roomba maker iRobot has warned it may cease operations within 12 months unless it can refinance debt or find a buyer, just one day after launching a new vacuum cleaner line. In its March 12 quarterly report, the company disclosed it had spent $3.6 million to amend terms on a $200 million Carlyle Group loan from 2023, as U.S. revenue plunged 47% ... ⌘ Read more
Roomba maker iRobot has warned it may cease operations within 12 months unless it can refinance debt or find a buyer, just one day after launching a new vacuum cleaner line. In its March 12 quarterly report, the company disclosed it had spent $3.6 million to amend terms on a $200 million Carlyle Group loan from 2023, as U.S. revenue plunged 47% ... ⌘ Read more