Angelina “Angy” Smith became Rad Power Bikes’ CEO in December 2025, while the Seattle e-bike seller was entering Chapter 11. The brand and selected assets were later sold to Life EV in a court-approved transaction; that sale does not, by itself, establish that Rad Power Bikes Inc.’s bankruptcy case has ended.
Who is Rad Power Bikes’ new CEO?
Angelina “Angy” Smith took over as CEO earlier in December 2025, according to GeekWire’s December 29 report. Smith had been Rad’s chief financial officer since April. She replaced Kathi Lentzsch, who had taken the CEO role in March 2025.
Smith’s background is primarily in finance and business operations. GeekWire reported that she held roles at TrovaTrip, Athena Consumer Acquisition Corp., Thrive Causemetics, glassybaby, Mixpo, Razorfish and aQuantive, and served as a finance vice president at Zulily for almost five years. The report characterized Smith as Rad’s fourth CEO in three years.
Bicycle Retailer and Industry News also reported Smith’s elevation from CFO during Chapter 11 and described reductions to the executive roster. Its leadership timeline lists founder Mike Radenbaugh (2007–2022), Phil Molyneux (2022–2025), and Lentzsch, hired in March 2025, before Smith.
Do these 3 things before closing this tab:
1Clear out junk files and repair common Windows errors2Fix the driver behind crashes, sound loss and screen glitches3Repair Windows errors before they cause bigger problems#1 Best Overall
- CUSTOMIZED MODEL: In order to ensure that your purchase matches your bike, we will contact you after you place your order. Please keep an eye out for a message from us after you place your order and reply promptly, thank you for your cooperation!
- HIGH QUALITY MATERIAL: Rad Power electric bike display is made of premium ABS+LCD, which is sturdy and wear resistant and has a long service life. This electric bike LCD control panel is waterproof, so it is convenient and practical to use in rainy days without fear of getting wet.
- WIDE RANGE OF USES: Rad Power electric bicycle LCD display is easy to install and use, with LCD display bracket, suitable for the diameter of 22.2mm/ 0.87in of handlebars This display panel is the perfect accessory for electric bikes, scooters, etc. to replace old or damaged original parts.
- INSTALLATION INSTRUCTIONS: Fix the LCD display part and buttons of the instrument on the handlebar of the electric vehicle, and adjust the appropriate viewing angle. When the vehicle is powered off, connect the instrument connector to the corresponding connector of the controller. Turn on the power, the electric vehicle and the instrument enter the normal operating state, and the instrument installation is completed.
- 100% WARRANTY: If you have any problems about our products, please feel free to contact us directly for assistance, we will reply you within 12-24 hours. We will do our best to help you solve the problem as soon as possible.
When did Rad Power Bikes file for Chapter 11?
Rad Power Bikes Inc. filed for Chapter 11 on December 15, 2025, in the U.S. Bankruptcy Court for the Eastern District of Washington. The case number is 25-02183. A December 16 court order directed that Rad’s case be jointly administered with Summit Collective Inc.’s case, number 25-02182, under the Summit lead case for procedural purposes. Joint administration is a case-management arrangement; the order does not describe the companies as having merged.
The filing’s immediate concern was liquidity. In a motion seeking permission to use cash collateral, the debtors said they needed access to that cash to fund ordinary operations and administer their Chapter 11 cases. They warned that without it they would be unable to continue operating and would have to liquidate. That is the debtors’ account in a court filing, not an independent court finding.
Why did Rad Power Bikes file for bankruptcy?
The debtors’ motion traced the financial pressure to a sharp pandemic-era rise in demand followed by a slowdown and costly excess inventory. The filing said demand had increased “almost 300%” by May 2020. It then described demand slowing by mid-2022, leaving inventory that took years to sell through and generated holding costs. This is the company’s explanation in its filing.
Bicycle Retailer and Industry News reported figures from Rad’s bankruptcy filing that give a sense of the reported strain. These are filing figures as reported by the publication, not independently audited results established here.
Rank #2
- 𝐇𝐢𝐠𝐡 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝟏𝟓𝟎𝟎𝐖 𝐏𝐞𝐚𝐤 𝐌𝐨𝐭𝐨𝐫 𝐄𝐁𝐢𝐤𝐞: High speed brushless motor 750W (Peak 1500W ) and 7-speed transmission, making steep hills and long rides a breeze, Long-range e-bike offers perfect efficiency and balance of power to ensure your ride as enjoyable.
- 𝐋𝐨𝐧𝐠 𝐫𝐚𝐧𝐠𝐞& 𝐋𝐚𝐫𝐠𝐞 𝐁𝐚𝐭𝐭𝐞𝐫𝐲: City4.0 e-bike comes with powerful 48V 20 Ah Built-in waterproof removable Cells lithium-ion batter,achieves a range of 70 miles in pedal assist mode and 30+ miles in electric mode so that the electric bicycle can daily commute needs or meet travel.
- 𝐄𝐫𝐠𝐨𝐧𝐨𝐦𝐢𝐜 𝐒𝐡𝐨𝐜𝐤-𝐚𝐛𝐬𝐨𝐫𝐛𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦: Featuring Front Suspension and Dual Disc Brakes: Equipped with 2 front fork spring shock absorbers and 2 puncture-resistant 20‘’*4.0 fat tires, , providing outstanding shock absorption performance.
- 𝐂𝐨𝐦𝐟𝐨𝐫𝐭 & 𝐕𝐞𝐫𝐬𝐚𝐭𝐢𝐥𝐞 𝐑𝐢𝐝𝐢𝐧𝐠：Electric bike with 5 Riding Modes(Pure electric mode,Pedal assist mode,Classic bike mode) and 5 Pedal Assist Levels(PAS) for your choice.The HD color LCD display shows real time speed, battery power, pedal assist levels, mileage and more,it's easy for you to track your rides and view it clearly even when riding at night. A well-built sturdy rear rack with strong load-carrying capacity easily supports your cargo and groceries.
- 𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐯𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐒𝐞𝐫𝐯𝐢𝐜𝐞：Urban commuter ebikes have been 90% pre-assembled.Installation video is attached to our product page. We provide 12 months after-sales service for the motor, battery, charger and controller.Contact us if you have any questions. Please keep the original package for a while, in case if there is any issues for return.
| Reported figure | Context |
|---|---|
| $32.1 million in estimated assets and $72.8 million in estimated liabilities | Rad Power Bikes bankruptcy filing, as reported by Bicycle Retailer and Industry News in 2025. |
| $129,828,790.57 in gross revenue at December 31, 2023; $63,326,482.86 at filing | Figures from the bankruptcy filing as reported by Bicycle Retailer and Industry News in 2025; the publication described the decline as 52% over two years. |
| $14,226,874.73 in inventory | E-bikes, spare parts and accessories, according to the filing as reported by Bicycle Retailer and Industry News in 2025. |
| $8.4 million | The top unsecured claim, held by U.S. Customs and Border Protection, according to the same 2025 report of the filing. |
What happened to Rad Power Bikes after the filing?
Life EV announced on March 5, 2026, that it had completed a court-approved acquisition of the Rad brand, intellectual property, inventory and certain operating assets. Life EV said it would continue U.S. retail under the Rad name. The Rad warranty page says new ownership began on February 27, 2026.
These dates describe the transfer of the brand and selected assets, not a confirmed end to the debtor’s Chapter 11 case. The later owner of a brand is not necessarily the debtor in the bankruptcy proceeding. Life EV CEO Rob Provost said in the acquisition announcement: “Rad Power Bikes has helped define the e-bike category in North America with its innovative products and passionate rider community.”
What does the ownership change mean for Rad bike warranties and service?
The current Rad warranty page says RLM has no obligation to provide warranty coverage or service for products purchased before December 15, 2025. It also says RLM may consider discretionary upgrade policies or services. That wording does not promise coverage or support for pre-filing purchases.
Because warranty and service terms can change, check the live policy before relying on it. Keep your proof of purchase, note the purchase date, and contact Rad through its current support channels to ask what help, if any, is available for your specific bike. Do not assume that the transfer of the Rad brand automatically transfers an existing warranty obligation.
Quick Recap
How to read the story’s two phases
| Phase | What changed |
|---|---|
| December 2025: debtor and restructuring | Smith became CEO as Rad Power Bikes Inc. entered Chapter 11. The company’s filing cited urgent liquidity needs and described a demand slowdown and excess inventory. |
| February–March 2026: brand and asset ownership | The current Rad warranty page dates new ownership to February 27; Life EV announced completion of its court-approved acquisition of the brand and selected assets on March 5, and said U.S. retail would continue under the Rad name. |
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
