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Bankruptcy News 16 November 2025 - 15 December 2025

iRobot Corporation Stock (IRBT) in Focus: Chapter 11 Bankruptcy, Picea Buyout Plan, and What It Means for Shareholders (Dec. 15, 2025)

iRobot Corporation Stock (IRBT) in Focus: Chapter 11 Bankruptcy, Picea Buyout Plan, and What It Means for Shareholders (Dec. 15, 2025)

iRobot Corporation (NASDAQ: IRBT) — the Roomba robot vacuum pioneer that helped make “robots in the home” feel normal — is now at a make-or-break moment for investors. On December 14–15, 2025, the company announced it has entered a court-supervised, pre-packaged Chapter 11 bankruptcy process tied to a deal that would transfer ownership to its secured lender and primary contract manufacturer, Shenzhen PICEA Robotics (together with Santrum Hong Kong). PR Newswire+1 For IRBT stockholders, the headline isn’t just “bankruptcy.” It’s the line in iRobot’s own announcement that changes everything: the company expects common shareholders to receive no recovery if the
15 December 2025
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Spirit Airlines Bankruptcy: Dec. 13 Funding Deadline Fuels Shutdown Fears as American Airlines Expands at Chicago O’Hare

Spirit Airlines Bankruptcy: Dec. 13 Funding Deadline Fuels Shutdown Fears as American Airlines Expands at Chicago O’Hare

Updated: December 13, 2025 — Spirit Airlines is facing a pivotal Chapter 11 milestone today that could determine whether the ultra-low-cost carrier can keep flying without disruption into the peak holiday travel stretch. Rival airlines are reportedly preparing contingency plans for a potential Spirit shutdown, even as Spirit insists flights are operating normally. At the same time, American Airlines emerged as an unexpected—and increasingly visible—player in Spirit’s bankruptcy orbit, buying Spirit’s O’Hare gates and formally joining the bankruptcy docket to receive court filings.Reuters+ 5The Air Current+ 5DRY+ 5 What’s happening today: the Dec. 13 Spirit Airlines funding milestone The immediate
13 December 2025
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Nasdaq: NKLA (Now NKLAQ) Stock in December 2025 – Bankruptcy, Delisting and the Final Chapter for Nikola Shareholders

Nasdaq: NKLA (Now NKLAQ) Stock in December 2025 – Bankruptcy, Delisting and the Final Chapter for Nikola Shareholders

Updated December 7, 2025 Nikola Corporation — once hyped as a “next Tesla” hydrogen truck pioneer under the Nasdaq ticker NKLA — is now deep in Chapter 11 bankruptcy, delisted from Nasdaq, and trading over‑the‑counter as NKLAQ at fractions of a cent. The legal and financial endgame is essentially written: a confirmed Plan of Liquidation that cancels all common stock with no recovery for shareholders. TechStock²+3Nikola Corporation+3Stock Titan+3 For traders still seeing “Nasdaq: NKLA stock” headlines in screeners or watchlists, it’s critical to understand that the Nasdaq listing is gone, the business has effectively shut down, and the remaining stock
7 December 2025
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Spirit Airlines Stock in December 2025: What SAVEQ and FLYYQ Investors Need to Know After the Second Bankruptcy

Spirit Airlines Stock in December 2025: What SAVEQ and FLYYQ Investors Need to Know After the Second Bankruptcy

As of December 7, 2025, “Spirit Airlines stock” is no longer a simple NYSE ticker like SAVE. Instead, it sits deep in distressed territory under two over‑the‑counter symbols — SAVEQ and FLYYQ — after two Chapter 11 bankruptcies in barely a year, a massive fleet cut, and a restructuring plan that explicitly says existing shareholders should expect no recovery. Investing.com+5SEC+5Cash App+5 This article walks through the latest news, forecasts and analysis around Spirit’s stock situation as of today, and explains what’s actually trading when investors search for “Spirit Airlines stock.” 1. Which “Spirit Airlines stock” are we talking about now?
7 December 2025
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Nikola Corp (NKLAQ) Stock in December 2025: Bankruptcy, Liquidation and What’s Next for Shareholders

Nikola Corp (NKLAQ) Stock in December 2025: Bankruptcy, Liquidation and What’s Next for Shareholders

As of December 6, 2025, Nikola Corporation’s stock — now trading over the counter under the ticker NKLAQ — is essentially a liquidation stub. Shares change hands for about $0.0026, down roughly 99–100% over the past year, with a 52‑week range of $0.0001–$1.79.StockAnalysis+1 At the same time, a court‑approved Plan of Liquidation is moving toward an effective date in December 2025, under which all common stock will be cancelled with no recovery for shareholders.Stock Titan This article walks through the latest developments around Nikola’s bankruptcy, the status of NKLAQ, what the liquidation plan actually says, how analyst forecasts fit (or
6 December 2025
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Keystone Brewing Group on Brink of Administration: What It Means for Black Sheep, Purity and Hofmeister

Keystone Brewing Group on Brink of Administration: What It Means for Black Sheep, Purity and Hofmeister

The UK beer industry has been rocked by news that Keystone Brewing Group – the Breal-backed owner and distributor behind Black Sheep Brewery, Purity Brewing Co, Magic Rock, Fourpure and Hofmeister – has filed a notice of intention to appoint administrators, putting hundreds of jobs and some of Britain’s best‑known craft beer brands under threat. Sky News+1 At the same time, Hofmeister Brewing Company has moved quickly to reassure pubs and drinkers that supplies of its lager will continue uninterrupted through the crucial Christmas trading period. MorningAdvertiser.co.uk What has happened to Keystone Brewing Group? On Friday 28 November 2025, Keystone
28 November 2025
CLSD Stock Crashes Over 60% Today as Clearside Biomedical Files for Chapter 11 Bankruptcy

CLSD Stock Crashes Over 60% Today as Clearside Biomedical Files for Chapter 11 Bankruptcy

Monday, November 24, 2025 Clearside Biomedical’s CLSD stock is in freefall today after the eye‑disease biotech announced a voluntary Chapter 11 bankruptcy filing and plans to pursue a court‑supervised sale of its business and assets. By late afternoon on Monday, CLSD was trading around $0.88, down roughly 68% on the day, according to intraday pricing data from MarketBeat. MarketBeat+1 Earlier in the session, multiple outlets reported the shares sliding to roughly $0.85–$0.86 following the news, a collapse from Friday’s close at $2.69 and a new 52‑week low. TradingView+2Nasdaq+2 Key Takeaways for CLSD Stock Today CLSD Stock Price Today: A Collapse
24 November 2025
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American Signature, Value City Furniture Parent Files Chapter 11: Store Closures, WARN Layoffs and Holiday Sales Explained (Nov. 24, 2025)

American Signature, Value City Furniture Parent Files Chapter 11: Store Closures, WARN Layoffs and Holiday Sales Explained (Nov. 24, 2025)

Published: November 24, 2025 American Signature, Inc. — the Columbus-based, family-owned parent company of Value City Furniture and American Signature Furniture — has entered Chapter 11 bankruptcy protection, marking one of the biggest collapses in the U.S. furniture sector this year. As of Monday, November 24, 2025, new details are emerging about the retailer’s court-supervised sale process, WARN layoff notices, creditor list and what all of this means for shoppers heading into the holiday season. What happened: American Signature files for Chapter 11 in Delaware American Signature announced that it has filed voluntary petitions for Chapter 11 relief in the
24 November 2025
Spirit Airlines Stock (FLYYQ) on November 23, 2025: Price, Second Bankruptcy, Class Actions and What Investors Need to Know

Spirit Airlines Stock (FLYYQ) on November 23, 2025: Price, Second Bankruptcy, Class Actions and What Investors Need to Know

As of Sunday, November 23, 2025, Spirit Aviation Holdings, Inc. (OTC: FLYYQ), parent of Spirit Airlines, is trading around $0.25 per share, giving the once high-flying ultra‑low‑cost carrier a market capitalization of roughly $6.7 million.Investing.com+1 That puts Spirit firmly in penny‑stock territory after a brutal year that included two Chapter 11 filings, severe route cuts, large-scale furloughs and repeated warnings about its ability to stay in business.Reuters+2Reuters+2 Today’s news flow is relatively light but still notable for equity holders: No new Spirit corporate press releases or SEC filings hit the tape today; the latest company communications came last week with
23 November 2025
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Sonder Holdings (SOND) Bankruptcy Latest: Chapter 7 Liquidation, Lawsuits and Stock Outlook – 20 November 2025

Sonder Holdings (SOND) Bankruptcy Latest: Chapter 7 Liquidation, Lawsuits and Stock Outlook – 20 November 2025

Sonder Holdings Inc. (NASDAQ: SOND) is now in full collapse mode. After Marriott International abruptly terminated a 20‑year licensing agreement on 9 November, Sonder announced on 10 November that it would immediately wind down operations and pursue a Chapter 7 liquidation of its U.S. business, with insolvency proceedings planned in the international markets where it operates. Nasdaq+1 In the days since, the situation has escalated: For investors, the key question on 20 November 2025 is no longer whether Sonder can survive, but how little – if anything – will be left for common shareholders once creditors are paid. SOND stock
20 November 2025
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Compass-Backed Lugano Diamonds Files for Chapter 11 Bankruptcy Amid Fraud Allegations and Luxury Retail Slowdown

Compass-Backed Lugano Diamonds Files for Chapter 11 Bankruptcy Amid Fraud Allegations and Luxury Retail Slowdown

November 18, 2025 Lugano Diamonds & Jewelry Inc., the ultra-luxury jeweler known for multimillion‑dollar bespoke pieces and private salons, has filed for Chapter 11 bankruptcy in Delaware and put itself up for sale, just as the crucial holiday shopping season kicks into gear. The Newport Beach–based retailer, majority‑owned by investment firm Compass Diversified, is seeking court protection after internal probes uncovered serious financial irregularities and a cascade of lawsuits tied to its former chief executive and co‑founder, Mordechai “Moti” Ferder. JCK At the same time, the move underscores how even the very top of the luxury market is feeling the
18 November 2025
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Freddy’s Frozen Custard Franchisee M&M Custard Files Chapter 11, Putting 32 Dairy Queen Rival Locations at Risk

Freddy’s Frozen Custard Franchisee M&M Custard Files Chapter 11, Putting 32 Dairy Queen Rival Locations at Risk

OVERLAND PARK, Kan. — One of the largest operators of Freddy’s Frozen Custard & Steakburgers has filed for Chapter 11 bankruptcy protection, sending fresh shockwaves through the already-stressed frozen dessert and fast-casual sector on Sunday, November 16, 2025. M&M Custard LLC, an Overland Park–based franchisee that runs 32 Freddy’s locations across six states, submitted its voluntary Chapter 11 petition to the U.S. Bankruptcy Court for the District of Kansas on Friday, November 14. Court filings show roughly $5–$5.2 million in assets against about $27.7–$28 million in liabilities, and list between 100 and 199 creditors. The Sun+3ET Now+3The Economic Times+3 The case has
16 November 2025
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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