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Rad Power Bikes Files for Bankruptcy Amid Funding Crisis

Rad Power Bikes Files for Bankruptcy Amid Funding Crisis

First seen 17 Dec 2025, 18:55 UTC • •

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ThreatCluster AI
ThreatCluster •March 12, 2026 at 13:27 UTC

Rad Power Bikes has filed for Chapter 11 bankruptcy protection as it seeks to sell the business within 45-60 days. The company warned employees that it could shut down in January 2026 without new funding or an acquisition. Employees were informed that leadership is actively seeking options to continue operations.

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