iRobot Corporation

IRBT

Find Out if You Qualify for a Financial Reward by filling out the form below.

iRobot Corporation Form












Breaking News Stocks does not share your information with others. There is no cost or obligation for you to submit.

Investigation Details

In 2022, Amazon.com, Inc. announced it intended to acquire iRobot, maker of the Roomba line of automated vacuums for approximately $1.7 billion. In November 2023, the European Commission, the European Union’s trade authority, issued an initial opinion concerning the deal, highlighting potential anti-competitive implications. Amazon signaled it would not remedy the problems the Commission raised. Then, on January 17, 2023, iRobot entered into a $200 million debt agreement with Bank of America. Amazon abruptly reversed course in response to the announcement, decreased their proposed purchase price of iRobot by about 15%, and ultimately terminated the deal in its entirety.

Between iRobot’s announcement of the Bank of America loan and Amazon’s termination of the agreement, iRobot’s stock price declined by approximately $14.50 per share or almost 50%.

Find More Cases

Ticker SymbolCompany NameJoin DeadlineJoin
ASRTAssertio Holdings, Inc.March 05, 2024Join
DADADada Nexus LimitedMarch 11, 2024Join
BNTXBioNTech SEMarch 12, 2024Join
MBLYMobileye Global Inc.March 18, 2024Join
BIVIBioVie Inc.March 19, 2024Join
ALVRAlloVir, Inc.March 19, 2024Join
BTIBritish American Tobacco p.l.c.March 25, 2024Join
EVVTYEvolution AB (publ)March 25, 2024Join
ADMArcher-Daniels-Midland CompanyMarch 25, 2024Join
RILYB. Riley Financial, Inc.March 25, 2024Join
CARTMaplebear Inc. d/b/a InstacartMarch 25, 2024Join
EAFGrafTech International Ltd.March 25, 2024Join
SAVACassava Sciences, Inc.April 02, 2024Join
IRTCiRhythm Technologies, Inc.April 08, 2024Join
NYCBNew York Community Bancorp, Inc.April 08, 2024Join
HUTHut 8 Corp.April 08, 2024Join
XPOFXponential Fitness, Inc.April 09, 2024Join
AMLXAmylyx Pharmaceuticals, Inc.April 09, 2024Join
INMDInMode Ltd.April 15, 2024Join
AMPLAmplitude, Inc.April 15, 2024Join
NOVASunnova Energy International Inc.April 16, 2024Join
INODInnodata Inc.April 22, 2024Join
DKSDICK's Sporting Goods, Inc.April 22, 2024Join
FOXFFox Factory Holding Corp.April 22, 2024Join
LTRXLantronix, Inc.April 23, 2024Join