Revel Bikes is reportedly facing closure shortly after the Sea Otter event, following the launch of three new models. An email to dealers indicated the brand has lost its financial safety net, leading to control being given to a bank and an "orderly wind down" process being initiated. Though there is limited confirmation from the company, issues with the Revel website suggest operational difficulties. Insights from some company employees hint at the impending closure, marking a significant loss for the biking community.
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