The filing revealed new details of the privately held company's ownership structure and financial predicament — including a ...
Seattle-based Rad Power Bikes, a pioneer in mass-market e-bikes, filed for bankruptcy protection earlier this week as it continues to look for a buyer amid falling sales and massive debt.
Rad Power Bikes has filed for Chapter 11 bankruptcy protection, marking a dramatic turn for one of the most recognizable ...
Rad Power Bikes, the once dominant electric bicycle brand in the US, filed for Chapter 11 bankruptcy protection this week as ...
Rad Power is considered the pioneer of e-bike popularity since its formal launch in 2015. In October 2021 it announced a ...
Ballard-based Rad Power Bikes has filed for Chapter 11 bankruptcy protection while pursuing a potential sale of the company.
Rad Power Bikes has a new CEO as it trims its executive roster during the Chapter 11 bankruptcy proceedings, according to a ...
The situation underscores the financial strain facing Rad and the broader e-bike industry after rapid growth during the COVID ...
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 ...
SEATTLE - A Seattle company may soon begin laying off employees. Rad Power Bikes previously made a splash in the pandemic-era electric bike boom in Washington and across the country. Just this year, a ...
What happened to Rad Power Bikes? That’s the question on many minds in Seattle and beyond after the startup revealed Monday it is facing a potential shutdown due to “significant financial challenges.” ...
Rad Power Bikes saw its pandemic-era growth spurt blunted by import duties, overproduction and slowing demand. Now a spate of battery fires adds to its challenges.