Amazon and iRobot have modified the price per share of their existing terms of their merger agreement. According to a recent PR Newswire report revealing the changes, Amazon will now pay $51.75 per share revised from $61 per share.

"We've reached an amended agreement with Amazon that reflects the incurrence of iRobot's new debt," Chairman and CEO of iRobot Colin Angle said, according to PR Newswire. "iRobot is taking on new financing that we believe is sufficient to support our operations in a hyper competitive environment and meet our liquidity needs as well as pay off iRobot's existing debt. This new financing is the outcome of a thorough process and represents the best terms reasonably obtainable on additional financing to support our operations."

In correlation with the changes, iRobot has secured a $200 million financing facility to financially support its ongoing operations, PR Newswire reported.

“For Amazon, the change in price per share is expected to be largely offset by the planned increase in iRobot's net debt under the new financing facility,” PR Newswire explained.

Both parties continue reviewing the terms of the merger. The transaction remains subject to customary closing conditions, such as regulatory approvals and approval of the amended merger agreement by iRobot's stockholders, PR Newswire reported. 

 iRobot, based in Bedford, Mass., launched the first Roomba robot vacuum in 2002, and has sold millions of robots worldwide since then, according to PR Newswire.

"We are pleased to support iRobot in this way so they can continue inventing and delivering for customers while our proposed acquisition awaits regulatory approval," Dave Limp, SVP of Amazon Devices, said to PR Newswire. "As we said when we announced the merger last August, customers love iRobot products and we're excited to work with them to invent in ways that make customers' lives easier and more enjoyable."