On January 4, sources with inside knowledge of the situation revealed that Romoss, a company that had previously recalled over 490,000 products and suspended its operations for six months following a spontaneous combustion incident involving one of its power banks, has now embarked on an internal restructuring initiative dubbed the "Rebirth Plan." This plan is slated for an official rollout in January 2026. Its primary objectives include securing necessary funding and executing corporate restructuring within the first quarter. Simultaneously, the company aims to regain its 3C certification and fully re-establish its product sales framework. At present, Romoss has entered into negotiations with prominent investment firms, including Sequoia Capital and GSR Ventures. Some of these institutions have already indicated their interest in investing. Furthermore, the company is in the process of negotiating debt-for-equity swap deals with several suppliers, committing to gradually clear its outstanding debts once it attains profitability.
