It's the latest e-bike company to seek bankruptcy protection after pandemic-era excitement for the category wore off.
Rad Power Bikes has filed for Chapter 11 bankruptcy protection, marking a dramatic turn for one of the most recognizable ...
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Rad Power Bikes files for bankruptcy protection as Seattle e-bike maker pursues potential sale
The filing revealed new details of the privately held company's ownership structure and financial predicament — including a ...
Rad Power Bikes was a dominant brand in the e-bike market, but times have changed, and the brand has filed for bankruptcy ...
Rad Power is considered the pioneer of e-bike popularity since its formal launch in 2015. In October 2021 it announced a ...
It’s a stunning fall for the once leading e-bike brand in the US.
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Rad Power Bikes’ biggest unpaid bill is $8.3M to US Customs, as tariffs squeeze the industry
The situation underscores the financial strain facing Rad and the broader e-bike industry after rapid growth during the COVID-19 pandemic gave way to slowing demand, rising costs and lingering trade ...
According to the bankruptcy case ( Case No. 25-02183 ), Mike Radenbaugh holds the largest equity stake at 41.3%, while former CFO Angelina M. Smith is listed as the CEO. The filing includes a Chapter ...
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