iRobot’s Nasdaq Delisting Marks a Corporate Downfall

The final chapter has been written for iRobot's tenure on the Nasdaq. The robotics pioneer, once a high-flying public company, has been officially delisted from the prominent U.S. technology exchange. This formal action confirms the company's dramatic financial descent, leaving it to fight for survival away from the scrutiny of the public markets.

The company's removal follows a period of severe strategic and financial distress. Trading in iRobot Corporation's common stock had already been suspended since December 22, 2025. The Nasdaq's decision to formally delist the shares seals this fate, effectively banishing the firm from regulated primary markets and stripping shareholders of easy liquidity for their investments.

The path to this point was paved by significant setbacks. A crucial blow landed in October 2025 when a planned acquisition of the company collapsed. The sole remaining suitor submitted a bid priced "significantly below" the prevailing market quote—a stark signal of eroded confidence in iRobot's underlying value.

Should investors sell immediately? Or is it worth buying iRobot?

The Precarious State of Operations

iRobot's financial position deteriorated sharply throughout the latter half of 2025. A combination of dwindling cash reserves and a substantial term loan pushed the maker of robotic vacuums to the brink.

Key details highlight the severity of the situation:

• Debt Covenant Violations: The company was operating under repeated waivers from its lenders, having breached the contractual terms of its credit agreements.
• Going Concern Warning: Management was forced to acknowledge that without securing new financing, it faced a cessation of operations and the likelihood of bankruptcy proceedings.
• Heavy Debt Burden: A $200 million term loan weighs heavily on the balance sheet. Reports from December 2025 already indicated that a default was imminent.

The confluence of a failed sale, a nearly empty treasury, and looming insolvency has now culminated in the stock's expulsion from the Nasdaq. With its delisting, iRobot's struggle moves from the public arena to a private fight for its very existence.