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Rad Power Bikes Files for Bankruptcy Amid Funding Crisis
First seen 17 Dec 2025, 18:55 UTC
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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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