iRobot Corporation has entered into a significant amendment to its existing credit agreement with TCG Senior Funding L.L.C., an affiliate of The Carlyle Group, serving as the administrative and collateral agent. The amendment, known as Amendment No. 2, extends the waiver period for certain covenant obligations until May 6, 2025. During this period, iRobot is not required to provide a report and opinion of its auditor regarding its ability to continue as a going concern for the fiscal year 2024. The agreement also includes restrictions on the use of a portion of a termination payment received from Amazon.com, Inc., which must be used to prepay a portion of the loan. These terms aim to provide iRobot with operational flexibility, although they may impose limitations on future operations and financing strategies. If the waiver is not extended beyond the specified period, iRobot risks default, potentially impacting its financial condition and operational strategies.