{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-13T01:22:59.109261+00:00","company":{"ticker":"TRNR","cik":1785056,"company_name":"Interactive Strength, Inc."},"pagination":{"limit":100,"returned":100,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Vertical Investors, LLC","detail":"other","count":7,"first_seen":"2024-02-07T23:59:59+00:00","last_seen":"2026-04-03T23:59:59+00:00","evidence_fact_ids":[25752,36045,36046,58400,58401,76654,124674]},{"display_name":"CLMBR, Inc and CLMBR1, LLC","detail":"asset_purchase","count":2,"first_seen":"2023-10-11T23:59:59+00:00","last_seen":"2024-01-23T23:59:59+00:00","evidence_fact_ids":[80242,107381]},{"display_name":"Treadway Holdings LLC","detail":"notes_offering","count":2,"first_seen":"2024-02-07T23:59:59+00:00","last_seen":"2024-02-07T23:59:59+00:00","evidence_fact_ids":[76652,76653]},{"display_name":"DWF and the entity affiliated with FET","detail":"other","count":1,"first_seen":"2025-12-12T23:59:59+00:00","last_seen":"2025-12-12T23:59:59+00:00","evidence_fact_ids":[124673]},{"display_name":"Ergatta, Inc.","detail":"merger","count":1,"first_seen":"2026-02-23T23:59:59+00:00","last_seen":"2026-02-23T23:59:59+00:00","evidence_fact_ids":[31396]},{"display_name":"Sportstech Brands Holding GmbH","detail":"settlement","count":1,"first_seen":"2026-03-05T23:59:59+00:00","last_seen":"2026-03-05T23:59:59+00:00","evidence_fact_ids":[29947]},{"display_name":"WOODWAY USA, INC.","detail":"supply","count":1,"first_seen":"2024-02-26T23:59:59+00:00","last_seen":"2024-02-26T23:59:59+00:00","evidence_fact_ids":[72115]},{"display_name":"holder of the Exchange Note","detail":"notes_offering","count":1,"first_seen":"2025-11-25T23:59:59+00:00","last_seen":"2025-11-25T23:59:59+00:00","evidence_fact_ids":[155115]}],"lender":[{"display_name":"DWF","detail":"senior_notes","count":2,"first_seen":"2025-12-12T23:59:59+00:00","last_seen":"2025-12-12T23:59:59+00:00","evidence_fact_ids":[36779,36780]},{"display_name":"ATW","detail":"other","count":1,"first_seen":"2025-12-12T23:59:59+00:00","last_seen":"2025-12-12T23:59:59+00:00","evidence_fact_ids":[36778]},{"display_name":"ATW Partners and DWF Labs","detail":"convertible_notes","count":1,"first_seen":"2025-06-11T23:59:59+00:00","last_seen":"2025-06-11T23:59:59+00:00","evidence_fact_ids":[45568]},{"display_name":"Berenberg Capital Markets LLC","detail":"loan","count":1,"first_seen":"2025-05-02T23:59:59+00:00","last_seen":"2025-05-02T23:59:59+00:00","evidence_fact_ids":[96863]},{"display_name":"Pillsbury Winthrop Shaw Pittman LLP","detail":"loan","count":1,"first_seen":"2025-03-07T23:59:59+00:00","last_seen":"2025-03-07T23:59:59+00:00","evidence_fact_ids":[129808]},{"display_name":"S Interactive LLC.","detail":"convertible_notes","count":1,"first_seen":"2025-06-10T23:59:59+00:00","last_seen":"2025-06-10T23:59:59+00:00","evidence_fact_ids":[45614]},{"display_name":"Vertical Investors, LLC","detail":"loan","count":1,"first_seen":"2025-12-12T23:59:59+00:00","last_seen":"2025-12-12T23:59:59+00:00","evidence_fact_ids":[36781]},{"display_name":"Woodway USA, Inc.","detail":"loan","count":1,"first_seen":"2025-05-27T23:59:59+00:00","last_seen":"2025-05-27T23:59:59+00:00","evidence_fact_ids":[83185]},{"display_name":"the Note Holder","detail":"convertible_notes","count":1,"first_seen":"2025-10-02T23:59:59+00:00","last_seen":"2025-10-02T23:59:59+00:00","evidence_fact_ids":[40247]}],"ma_counterparty":[{"display_name":"CLMBR, Inc and CLMBR1, LLC","detail":"acquisition","count":2,"first_seen":"2024-02-07T23:59:59+00:00","last_seen":"2024-04-18T23:59:59+00:00","evidence_fact_ids":[60929,76659]},{"display_name":"Ergatta, Inc.","detail":"acquisition","count":2,"first_seen":"2026-03-16T23:59:59+00:00","last_seen":"2026-05-12T20:14:58+00:00","evidence_fact_ids":[24255,54069]},{"display_name":"Wattbike Limited","detail":"acquisition","count":1,"first_seen":"2025-09-17T23:59:59+00:00","last_seen":"2025-09-17T23:59:59+00:00","evidence_fact_ids":[27196]}]},"facts":[{"fact_type":"shareholder_vote","fact_key":"57dc4dcb2c1cdb55da404d26667e104c599bc956","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Advisory vote on frequency of future advisory votes on executive compensation","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"118,575","votes_against":null,"votes_for":null,"votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Eight: Advisory Vote on the Frequency of Future Advisory Votes to Approve NEO Compensation A frequency of three years received the highest number of votes for the Advisory Vote on Frequency of Future Advisory Votes for NEO Compensation as follows: One Year Two Years Three Years Abstain 66,030 5,606 121,166 118,575","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-57dc4dcb2c1cdb55da404d26667e104c599bc956","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"456a40974883e04a01d0b60ce6c26edc41b0e4c4","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Advisory vote on compensation of named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"601,515","subject":null,"votes_abstain":"346","votes_against":"72,283","votes_for":"238,748","votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Advisory vote on compensation of named executive officers at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Seven: Advisory Vote on the Compensation of the Company’s Named Executive Officers The Advisory Vote on the Company’s Named Executive Officers (“NEO”) was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained/Withheld Broker Non-Votes 238,748 72,283 346 601,515","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-456a40974883e04a01d0b60ce6c26edc41b0e4c4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"1fb4e24dcc6a31c419585ee0cadaa8a556212059","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Grant discretionary authority to Board to effect one or more reverse stock splits at a ratio from 1-for-4 up to 1-for-100","proposal_type":"reverse_split","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"86,118","votes_against":"294,645","votes_for":"532,129","votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Grant discretionary authority to Board to effect one or more reverse stock splits at a ratio from 1-for-4 up to 1-for-100 at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Six: Approve the Authority to Effect One or More Reverse Stock Splits To grant discretionary authority to the Company’s Board of Directors to amend the Certificate of Incorporation to effect one or more consolidations of the issued and outstanding shares of Common Stock, pursuant to which the shares of Common Stock would be combined and reclassified into one share of Common Stock at a ratio within the range from 1-for-4 up to 1-for-100 (each, a “Reverse Stock Split”), provided that, (X) the Company shall not effect Reverse Stock Splits that, in the aggregate, exceed 1-for-100, and (Y) any Reverse Stock Split is completed no later than the first anniversary of the Record Date. The Authority to Effect One or More Reverse Stock Splits was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained/Withheld Broker Non-Votes 532,129 294,645 86,118 0","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-1fb4e24dcc6a31c419585ee0cadaa8a556212059","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"478f7144200cb12b1dc8127f0138220fac53615b","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Approval of amendment to 2023 Stock Incentive Plan to add automatic share increase provision","proposal_type":"equity_plan","results":[{"broker_non_votes":"601,515","subject":null,"votes_abstain":"378","votes_against":"90,336","votes_for":"220,663","votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Approval of amendment to 2023 Stock Incentive Plan to add automatic share increase provision at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Five: Approve Amendment to 2023 Stock Incentive Plan To approve an amendment to the Company’s 2023 Stock Incentive Plan to add an automatic share increase provision. The Amendment to 2023 Stock Incentive Plan was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained/Withheld Broker Non-Votes 220,663 90,336 378 601,515","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-478f7144200cb12b1dc8127f0138220fac53615b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"6cbb3c9f5e45d4a2635f6850a2fff37d306166a4","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Approval of potential issuance of 20% or more of outstanding shares upon conversion of Series D1, D2, and D3 Convertible Preferred Stock pursuant to Ergatta merger agreement","proposal_type":"merger_approval","results":[{"broker_non_votes":"601,515","subject":null,"votes_abstain":"995","votes_against":"46,704","votes_for":"263,678","votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Approval of potential issuance of 20% or more of outstanding shares upon conversion of Series D1, D2, and D3 Convertible Preferred Stock pursuant to Ergatta merger agreement at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Four: Ergatta Issuance Proposal To approve, for purposes of Rule 5635(a) and (d) of Nasdaq, the potential issuance of 20% or more of the outstanding shares of Common Stock upon the conversion of the Company’s Series D1 Convertible Preferred Stock, Series D2 Convertible Preferred Stock, and Series D3 Convertible Preferred Stock, pursuant to the Agreement and Plan of Merger, by and among the Company, Ergatta, Inc. (“Ergatta”), Ergatta Acquisition Corp. and Tom Aulet. The Ergatta Issuance Proposal was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained/Withheld Broker Non-Votes 263,678 46,704 995 601,515","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-6cbb3c9f5e45d4a2635f6850a2fff37d306166a4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"322cb244ad0e99f7f5e0f0e2be61ac4b321af0cc","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Approval of potential issuance of 20% or more of outstanding shares upon conversion of Series E Convertible Preferred Stock and issuance of Earn-Out Shares pursuant to Wattbike Purchase Agreement","proposal_type":"other","results":[{"broker_non_votes":"601,515","subject":null,"votes_abstain":"1,095","votes_against":"42,005","votes_for":"268,277","votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Approval of potential issuance of 20% or more of outstanding shares upon conversion of Series E Convertible Preferred Stock and issuance of Earn-Out Shares pursuant to Wattbike Purchase Agreement at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Three: Wattbike Issuance Proposal To approve, for purposes of Rule 5635(a) and (d) of The Nasdaq Stock Market LLC (“Nasdaq”), the potential issuance of 20% or more of the outstanding shares of Common Stock upon the conversion of the Company’s Series E Convertible Preferred Stock and the potential issuance of Earn-Out Shares, pursuant to the Agreement for the Sale and Purchase of the Entire Issued Share Capital and Loan Notes of Wattbike (Holdings) Limited (“Wattbike”) (the “Wattbike Purchase Agreement”), by and among the Company and the shareholders of Wattbike identified on Schedule 1 to the Wattbike Purchase Agreement. The Wattbike Issuance Proposal was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained/Withheld Broker Non-Votes 268,277 42,005 1,095 601,515","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-322cb244ad0e99f7f5e0f0e2be61ac4b321af0cc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"5ae10b201a99b7b435d5c593423b822effa016f9","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2026","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"2,859","votes_against":"26,286","votes_for":"883,747","votes_withheld":null}]},"claim":"Interactive Strength, Inc. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-06-08 meeting.","evidence_excerpt":"Proposal Two: Ratification of Appointment of Independent Registered Public Accounting Firm Proposal To approve the appointment of Deloitte & Touche LLP to continue as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The Ratification of Accountant Proposal was approved by the Company’s stockholders. The voting results were as follows: Votes For Votes Against Votes Abstained/Withheld Broker Non-Votes 883,747 26,286 2,859 0","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-5ae10b201a99b7b435d5c593423b822effa016f9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3dabb7fe1349e63bc678d903b5010f3bb46f8df6","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-06-09T20:30:03+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-08","outcome":"passed","proposal_text":"Election of two Class III directors to serve until the 2029 annual meeting","proposal_type":"director_election","results":[{"broker_non_votes":"601,515","subject":"Trent A. Ward","votes_abstain":null,"votes_against":"27,639","votes_for":"283,103","votes_withheld":"635"},{"broker_non_votes":"601,515","subject":"Kirsten Bartok Touw","votes_abstain":null,"votes_against":"26,771","votes_for":"284,295","votes_withheld":"311"}]},"claim":"Interactive Strength, Inc. shareholders approved Election of two Class III directors to serve until the 2029 annual meeting at the 2026-06-08 meeting.","evidence_excerpt":"Proposal One: Election of Class III Director Proposal\nThe Company’s stockholders elected two Class III directors to the Board of Directors of the Company to serve until the 2029 annual meeting of stockholders. The voting results were as follows: Votes For Votes Against Votes Withheld Broker Non-Votes Trent A. Ward 283,103 27,639 635 601,515 Kirsten Bartok Touw 284,295 26,771 311 601,515","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001193125-26-263835","anchor_url":"https://secwatch.observer/filing/0001193125-26-263835#claim-3dabb7fe1349e63bc678d903b5010f3bb46f8df6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526263835/0001193125-26-263835-index.htm"},{"fact_type":"ma_transaction","fact_key":"c8fa3d1395f77abece8d98533f0d7754fa39d318","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-05-12T20:14:58+00:00","payload":{"action":"acquisition","closing_date":"2026-03-11","consideration_text":"approximately $13.3 million","counterparty":"Ergatta Inc.","effective_date":"2026-03-11","item_codes_triggered":["2.01"]},"claim":"Interactive Strength, Inc. completed an acquisition involving Ergatta Inc. for approximately $13.3 million (closed 2026-03-11).","evidence_excerpt":"Representative (the “Ergatta Agreement”) entered into on February 18, 2026 (the “Acquisition”). The aggregate purchase price for the Acquisition was approximately $13.3 million, which consisted of the issuance of 4.75 million shares of convertible Series D-1 Preferred Stock (the “Series D-1 Convertible Preferred Stock”) with an aggregate estimated fair","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-219465","anchor_url":"https://secwatch.observer/filing/0001193125-26-219465#claim-c8fa3d1395f77abece8d98533f0d7754fa39d318","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526219465/0001193125-26-219465-index.htm"},{"fact_type":"equity_issuance","fact_key":"7943828cbe1bbbe536b49edc8d6059268aff2394","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-04-03T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":"payment of the $2,176,509 Net Trade Value","effective_date":"2026-03-31","item_codes_triggered":["3.02"],"purchaser":"Vertical Investors, LLC","security_type":"preferred_stock","shares_text":"1,088,255 shares"},"claim":"Interactive Strength, Inc. issued 1,088,255 shares of preferred stock to Vertical Investors, LLC for payment of the $2,176,509 Net Trade Value.","evidence_excerpt":"On March 31, 2026, the Company and the Lender entered into a Settlement Agreement (the “Settlement Agreement”), pursuant to which the Company issued 1,088,255 shares (the “Series C Preferred Shares”) of the Company’s Series C Preferred Stock, par value $0.0001 per share (“Series C Preferred Stock”), to the Lender as payment of the $2,176,509 Net Trade Value.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-142081","anchor_url":"https://secwatch.observer/filing/0001193125-26-142081#claim-7943828cbe1bbbe536b49edc8d6059268aff2394","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526142081/0001193125-26-142081-index.htm"},{"fact_type":"material_agreement","fact_key":"8909753125380b042cdb81a1fdfc271eef4f2a3f","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-04-03T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Settlement Agreement","agreement_type":"settlement","counterparty":"Vertical Investors, LLC","effective_date":"2026-03-31","item_codes_triggered":["1.01"],"value_text":"Issued 1,088,255 shares of Series C Preferred Stock as payment of $2,176,509 Net Trade Value"},"claim":"Interactive Strength, Inc. entered into Settlement Agreement with Vertical Investors, LLC valued at Issued 1,088,255 shares of Series C Preferred Stock as payment of $2,176,509 Net Trade Value (effective 2026-03-31).","evidence_excerpt":"On March 31, 2026, the Company and the Lender entered into a Settlement Agreement (the “Settlement Agreement”), pursuant to which the Company issued 1,088,255 shares (the “Series C Preferred Shares”) of the Company’s Series C Preferred Stock, par value $0.0001 per share (“Series C Preferred Stock”), to the Lender as payment of the $2,176,509 Net Trade Value.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-142081","anchor_url":"https://secwatch.observer/filing/0001193125-26-142081#claim-8909753125380b042cdb81a1fdfc271eef4f2a3f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526142081/0001193125-26-142081-index.htm"},{"fact_type":"ma_transaction","fact_key":"fca7ef6f5350bd9463faddba75596c699cb735ed","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-03-16T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2026-03-11","consideration_text":"cash consideration of $3,500,000","counterparty":"Ergatta, Inc.","effective_date":"2026-03-11","item_codes_triggered":["2.01"]},"claim":"Interactive Strength, Inc. completed an acquisition involving Ergatta, Inc. for cash consideration of $3,500,000 (closed 2026-03-11).","evidence_excerpt":"share of preferred stock of Ergatta (other than excluded and dissenting shares) held by Ergatta’s stockholders was cancelled, in exchange for: (i) cash consideration of $3,500,000 paid to Ergatta's stockholders, consisting of: (a) $1,750,000 paid on the Closing Date (subject to adjustments pursuant to the terms of the Merger Agreement); and (b) $1,750,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-108367","anchor_url":"https://secwatch.observer/filing/0001193125-26-108367#claim-fca7ef6f5350bd9463faddba75596c699cb735ed","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526108367/0001193125-26-108367-index.htm"},{"fact_type":"governance_change","fact_key":"448a973beb4ddcf0acf90cba36b3a11ca950c091","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2026-03-11T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2026-03-05","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designation creating three new series of preferred stock (Series D1, D2, D3) with specified conversion terms and redemption features."},"claim":"Interactive Strength, Inc.: Filed Certificate of Designation creating three new series of preferred stock (Series D1, D2, D3) with specified conversion terms and redemption features (effective 2026-03-05).","evidence_excerpt":"On March 5, 2026, Interactive Strength Inc. (the “Company”) filed the Certificate of Designation of Series D1 Convertible Preferred Stock, Series D2 Convertible Preferred Stock, and Series D3 Convertible Preferred Stock of Interactive Strength Inc. 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(effective 2026-02-18).","evidence_excerpt":"On February 18, 2026, Interactive Strength Inc. (the \"Company\") entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Ergatta, Inc., a Delaware corporation (\"Ergatta\"), Ergatta Acquisition Corp., a Delaware corporation and wholly owned subsidiary of the Company (\"Merger Sub\"), and Tom Aulet, solely in his capacity as the securityholders’ representative (the “Securityholders’ Representative”), pursuant to which Merger Sub will merge with and into Ergatta (the “Merger”), with Ergatta surviving as a wholly owned subsidiary of the Company.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-064329","anchor_url":"https://secwatch.observer/filing/0001193125-26-064329#claim-988b0e60c21e4ce9640779f21cac988f409aa0b9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526064329/0001193125-26-064329-index.htm"},{"fact_type":"equity_issuance","fact_key":"107d65c6170e52e305b1cc10feebee6c8f233e6f","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, 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“Securities Act”) or, in the event of an issuance of the Exchange Note Conversion Shares on a cashless basis, pursuant to the exemption provided in Section 3(a)(9) under the Securities Act.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-228627","anchor_url":"https://secwatch.observer/filing/0001193125-25-228627#claim-ac1740223f447342de59be8dc0ce942b49459791","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312525228627/0001193125-25-228627-index.htm"},{"fact_type":"debt_financing","fact_key":"2a282e2695214f9c0dd074c0b12e971482d2e3d8","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-10-02T23:59:59+00:00","payload":{"counterparty":"the Note Holder","effective_date":"2025-09-26","event":"incurrence","instrument_type":"convertible_notes","interest_rate_text":"12% per annum","item_codes_triggered":["2.03"],"maturity_text":"January 30, 2026","principal_text":"$2,174,866.67"},"claim":"Interactive 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“Acquisition”). The aggregate purchase price for the Acquisition was $4.0 million, which consisted of the issuance of 1.3 million convertible Series E Preferred Stock (the “Series E Convertible Preferred Stock”) with an aggregate fair value of $2.6 million,","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-206325","anchor_url":"https://secwatch.observer/filing/0001193125-25-206325#claim-9bed95299c2e2e1d8c7be26df515601339d02223","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312525206325/0001193125-25-206325-index.htm"},{"fact_type":"debt_financing","fact_key":"79bcf5831472845d1003b4307c516e054d6d699b","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-07-25T23:59:59+00:00","payload":{"counterparty":"an accredited investor","effective_date":"2025-07-25","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"July 25, 2028","principal_text":"aggregate principal amount of $3,000,000"},"claim":"Interactive Strength, Inc. incurred senior notes of aggregate principal amount of $3,000,000 with an accredited investor maturing July 25, 2028.","evidence_excerpt":"On July 25, 2025, the Investor elected to exercise Class A Incremental Warrants (the “Warrant Exercise”) to purchase Class A Incremental Notes for an aggregate principal amount of $3,000,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-25-098880","anchor_url":"https://secwatch.observer/filing/0000950170-25-098880#claim-79bcf5831472845d1003b4307c516e054d6d699b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025098880/0000950170-25-098880-index.htm"},{"fact_type":"governance_change","fact_key":"8cbe52c61567b954089762a6506a3e023fb9ff13","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-07-02T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-06-26","item_codes_triggered":["5.03"],"summary_text":"Approved Certificate of Designation creating Series E Convertible Preferred Stock with no voting rights and mandatory conversion on June 15, 2026, subject to Nasdaq limitations."},"claim":"Interactive Strength, Inc.: Approved Certificate of Designation creating Series E Convertible Preferred Stock with no voting rights and mandatory conversion on June 15, 2026, subject to Nasdaq limitations (effective 2025-06-26).","evidence_excerpt":"On June 26, 2025, the Board of Directors of the Company approved the Certificate of Designations of Series E Convertible Preferred Stock of Interactive Strength Inc. 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The Series E Certificate was filed by the Company with the Secretary of State of the State of Delaware on June 26, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-093152","anchor_url":"https://secwatch.observer/filing/0000950170-25-093152#claim-8cbe52c61567b954089762a6506a3e023fb9ff13","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025093152/0000950170-25-093152-index.htm"},{"fact_type":"governance_change","fact_key":"c12f20528ef4f93cef817206f29cd8a430511390","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-07-02T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-06-26","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Amendment to effect a 1-for-10 reverse stock split, effective June 26, 2025."},"claim":"Interactive Strength, Inc.: Filed Certificate of Amendment to effect a 1-for-10 reverse stock split, effective June 26, 2025 (effective 2025-06-26).","evidence_excerpt":"On June 26, 2025, Interactive Strength Inc., a Delaware corporation (the \"Company\"), filed a Certificate of Amendment (the \"Charter Amendment\") to the Company's Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company's common stock, $0.0001 par value per share (\"Common Stock\"), at a rate of 1-for-10 (the \"Reverse Stock Split\"), effective as of 5:00 p.m. Eastern Time on June 26, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-093152","anchor_url":"https://secwatch.observer/filing/0000950170-25-093152#claim-c12f20528ef4f93cef817206f29cd8a430511390","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025093152/0000950170-25-093152-index.htm"},{"fact_type":"executive_change","fact_key":"dbb0dc3f0b","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-06-20T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-06-14","interim":false,"role":"Chief Operating Officer and President","role_category":"president","successor_name":null,"successor_named":false},"claim":"Benjamin Bartlett was appointed as Chief Operating Officer and President at Interactive Strength, Inc..","evidence_excerpt":"On June 14, 2025, the Board appointed Benjamin Bartlett as the Company’s Chief Operating Officer and President.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-088526","anchor_url":"https://secwatch.observer/filing/0000950170-25-088526#claim-dbb0dc3f0b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025088526/0000950170-25-088526-index.htm"},{"fact_type":"governance_change","fact_key":"f4b96e140ffde805ecbcfa7ad983ee27f895f641","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-06-12T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-06-06","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designation of Series LTI Convertible Preferred Stock, designating 5,000,000 shares of preferred stock as Series LTI Convertible Preferred Stock with specified conversion, dividend, and redemption terms."},"claim":"Interactive Strength, Inc.: Filed Certificate of Designation of Series LTI Convertible Preferred Stock, designating 5,000,000 shares of preferred stock as Series LTI Convertible Preferred Stock with specified conversion, dividend, and redemption terms (effective 2025-06-06).","evidence_excerpt":"Interactive Strength Inc. (the “Company”) filed the Certificate of Designation of Series LTI Convertible Preferred Stock of Interactive Strength Inc. 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(the “Company”) and its wholly-owned subsidiary, Interactive Strength Treasury LLC (the “Treasury Subsidiary”), entered into that certain securities purchase agreement (the “Purchase Agreement”) with an entity affiliated with ATW Partners and an entity affiliated with DWF Labs (collectively, the “Investors”). Pursuant to the Purchase Agreement, the Company and the Treasury Subsidiary (collectively, the “Borrowers”) have agreed to sell, and the Investors have agreed to purchase, for $50 million (the “Initial Purchase Price”), senior secured convertible exchangeable notes issued by the Borrowers (the “Initial Notes”) in the aggregate principal amount of $55,555,555","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-084654","anchor_url":"https://secwatch.observer/filing/0000950170-25-084654#claim-70c88c97459c968ce4a8ec1d54bea1260b512bbc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025084654/0000950170-25-084654-index.htm"},{"fact_type":"debt_financing","fact_key":"3de2274d0063a7fec10f31a4b4a8f33df6a54a76","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-06-10T23:59:59+00:00","payload":{"counterparty":"S Interactive LLC.","effective_date":"2025-06-04","event":"incurrence","instrument_type":"convertible_notes","interest_rate_text":"fifteen percent (15.0%) per annum","item_codes_triggered":["2.03"],"maturity_text":"June 4, 2027","principal_text":"$725,000"},"claim":"Interactive Strength, Inc. incurred convertible notes of $725,000 with S Interactive LLC. at fifteen percent (15.0%) per annum maturing June 4, 2027.","evidence_excerpt":"On June 4, 2025, Interactive Strength Inc. 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The Settlement Note has a maturity date of May 1, 2026 and accrues interest at a rate of 5% per annum.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-25-062783","anchor_url":"https://secwatch.observer/filing/0000950170-25-062783#claim-524deae28e209e27e33f4f145612de724deaed75","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025062783/0000950170-25-062783-index.htm"},{"fact_type":"debt_financing","fact_key":"8071d4934c71ab892e4c02846dd92759837a9998","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-03-12T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2025-03-11","event":"incurrence","instrument_type":"convertible_notes","interest_rate_text":"12% per annum","item_codes_triggered":["2.03"],"maturity_text":"January 24, 2028","principal_text":"$4,000,000"},"claim":"Interactive Strength, Inc. incurred convertible notes of $4,000,000 at 12% per annum maturing January 24, 2028.","evidence_excerpt":"On March 11, 2025, the Investor elected to exercise the Class A Incremental Warrants (the “Warrant Exercise”) to purchase the Class A Incremental Notes for an aggregate principal amount of $4,000,000","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-25-037979","anchor_url":"https://secwatch.observer/filing/0000950170-25-037979#claim-8071d4934c71ab892e4c02846dd92759837a9998","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025037979/0000950170-25-037979-index.htm"},{"fact_type":"debt_financing","fact_key":"656a6c085998adaef0132b38e28011aa74056a16","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-03-07T23:59:59+00:00","payload":{"counterparty":"Pillsbury Winthrop Shaw Pittman LLP","effective_date":"2025-03-05","event":"incurrence","instrument_type":"loan","interest_rate_text":"12% per annum","item_codes_triggered":["2.03"],"maturity_text":"October 15, 2025","principal_text":"$3,958,985.85"},"claim":"Interactive Strength, Inc. incurred loan of $3,958,985.85 with Pillsbury Winthrop Shaw Pittman LLP at 12% per annum maturing October 15, 2025.","evidence_excerpt":"On March 5, 2025, the Company and the Recipient entered into a Settlement Agreement (the “Settlement Agreement”), pursuant to which the Company and the Recipient agreed to settle the Liability by issuing to the Recipient an unsecured promissory note in the principal amount of $3,958,985.85 (the “Settlement Note”). The Settlement Note has a maturity date of October 15, 2025 and accrues interest at a rate of 12% per annum.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-25-035695","anchor_url":"https://secwatch.observer/filing/0000950170-25-035695#claim-656a6c085998adaef0132b38e28011aa74056a16","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025035695/0000950170-25-035695-index.htm"},{"fact_type":"debt_financing","fact_key":"2d3a21565f327a4c7ce2ac66ea9d1e78030698e3","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-02-05T23:59:59+00:00","payload":{"counterparty":"Investor","effective_date":"2025-02-04","event":"incurrence","instrument_type":"other","interest_rate_text":"5% per annum","item_codes_triggered":["2.03"],"maturity_text":"April 4, 2025","principal_text":"$362,350"},"claim":"Interactive Strength, Inc. incurred debt of $362,350 with Investor at 5% per annum maturing April 4, 2025.","evidence_excerpt":"• Exchange Note 2 principal amount: $1,552,067 • Exchange Note 3 principal amount: $274,281 • Exchange Note 4 principal amount: $371,813 • Exchange Note 5 principal amount: $362,350 The Exchange Notes accrue interest at a rate of 5% per annum, subject to adjustment from time to time as set forth in the Exchange Notes. The maturity date of Exchange Note 1 and","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-014134","anchor_url":"https://secwatch.observer/filing/0000950170-25-014134#claim-2d3a21565f327a4c7ce2ac66ea9d1e78030698e3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025014134/0000950170-25-014134-index.htm"},{"fact_type":"debt_financing","fact_key":"52468559065b989f7d055968adaa78105b40d430","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-02-05T23:59:59+00:00","payload":{"counterparty":"Investor","effective_date":"2025-02-04","event":"incurrence","instrument_type":"other","interest_rate_text":"5% per annum","item_codes_triggered":["2.03"],"maturity_text":"April 4, 2025","principal_text":"$371,813"},"claim":"Interactive Strength, Inc. incurred debt of $371,813 with Investor at 5% per annum maturing April 4, 2025.","evidence_excerpt":"• Exchange Note 1 principal amount: $2,819,830 • Exchange Note 2 principal amount: $1,552,067 • Exchange Note 3 principal amount: $274,281 • Exchange Note 4 principal amount: $371,813 • Exchange Note 5 principal amount: $362,350 The Exchange Notes accrue interest at a rate of 5% per annum, subject to adjustment from time to time as set forth in the Exchange","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-014134","anchor_url":"https://secwatch.observer/filing/0000950170-25-014134#claim-52468559065b989f7d055968adaa78105b40d430","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025014134/0000950170-25-014134-index.htm"},{"fact_type":"debt_financing","fact_key":"5ba52755420445ec9405a7644757b3768fba33ae","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-02-05T23:59:59+00:00","payload":{"counterparty":"Investor","effective_date":"2025-02-04","event":"incurrence","instrument_type":"other","interest_rate_text":"5% per annum","item_codes_triggered":["2.03"],"maturity_text":"May 5, 2025","principal_text":"$274,281"},"claim":"Interactive Strength, Inc. incurred debt of $274,281 with Investor at 5% per annum maturing May 5, 2025.","evidence_excerpt":"amounts of the Exchange Notes are as follows: • Exchange Note 1 principal amount: $2,819,830 • Exchange Note 2 principal amount: $1,552,067 • Exchange Note 3 principal amount: $274,281 • Exchange Note 4 principal amount: $371,813 • Exchange Note 5 principal amount: $362,350 The Exchange Notes accrue interest at a rate of 5% per annum, subject to adjustment from","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-014134","anchor_url":"https://secwatch.observer/filing/0000950170-25-014134#claim-5ba52755420445ec9405a7644757b3768fba33ae","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025014134/0000950170-25-014134-index.htm"},{"fact_type":"debt_financing","fact_key":"a0b465e2ead687584ecc1d92f0f7468392fb4a37","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-02-05T23:59:59+00:00","payload":{"counterparty":"Investor","effective_date":"2025-02-04","event":"incurrence","instrument_type":"other","interest_rate_text":"5% per annum","item_codes_triggered":["2.03"],"maturity_text":"April 4, 2025","principal_text":"$1,552,067"},"claim":"Interactive Strength, Inc. incurred debt of $1,552,067 with Investor at 5% per annum maturing April 4, 2025.","evidence_excerpt":"Description of the Exchange Notes The principal amounts of the Exchange Notes are as follows: • Exchange Note 1 principal amount: $2,819,830 • Exchange Note 2 principal amount: $1,552,067 • Exchange Note 3 principal amount: $274,281 • Exchange Note 4 principal amount: $371,813 • Exchange Note 5 principal amount: $362,350 The Exchange Notes accrue interest at a rate","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-014134","anchor_url":"https://secwatch.observer/filing/0000950170-25-014134#claim-a0b465e2ead687584ecc1d92f0f7468392fb4a37","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025014134/0000950170-25-014134-index.htm"},{"fact_type":"debt_financing","fact_key":"a02e941e93c757c606e9a6ac42bfba4b21d3baac","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-02-05T23:59:59+00:00","payload":{"counterparty":"Investor","effective_date":"2025-02-04","event":"incurrence","instrument_type":"other","interest_rate_text":"5% per annum","item_codes_triggered":["2.03"],"maturity_text":"May 5, 2025","principal_text":"$2,819,830"},"claim":"Interactive Strength, Inc. incurred debt of $2,819,830 with Investor at 5% per annum maturing May 5, 2025.","evidence_excerpt":"and Note 5 was exchanged for “Exchange Note 5”. Description of the Exchange Notes The principal amounts of the Exchange Notes are as follows: • Exchange Note 1 principal amount: $2,819,830 • Exchange Note 2 principal amount: $1,552,067 • Exchange Note 3 principal amount: $274,281 • Exchange Note 4 principal amount: $371,813 • Exchange Note 5 principal amount:","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-25-014134","anchor_url":"https://secwatch.observer/filing/0000950170-25-014134#claim-a02e941e93c757c606e9a6ac42bfba4b21d3baac","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025014134/0000950170-25-014134-index.htm"},{"fact_type":"governance_change","fact_key":"c4738bb2b50a0a11cc47158e0c0824d5ee0ee49c","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2025-01-21T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-01-16","item_codes_triggered":["5.03"],"summary_text":"Amended conversion price of Series C Convertible Preferred Stock from $1.00 to $3.25 per share."},"claim":"Interactive Strength, Inc.: Amended conversion price of Series C Convertible Preferred Stock from $1.00 to $3.25 per share (effective 2025-01-16).","evidence_excerpt":"On January 16, 2025, the Company filed a Certificate of Amendment (the “CoD Amendment”) to the Company’s Certificate of Designation of Series C Convertible Preferred Stock (“Series C”) with the Secretary of State of the State of Delaware to amend the conversion price of the Series C from $1.00 to $3.25 per share.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-25-007333","anchor_url":"https://secwatch.observer/filing/0000950170-25-007333#claim-c4738bb2b50a0a11cc47158e0c0824d5ee0ee49c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025007333/0000950170-25-007333-index.htm"},{"fact_type":"governance_change","fact_key":"068cc3a9908132e440097ffca66e3beefe17e4eb","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-12-13T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2024-12-10","item_codes_triggered":["5.03"],"summary_text":"Amended Certificate of Designation of Series B Convertible Preferred Stock to delete mandatory conversion provision, add voluntary conversion, and clarify conversion price of $32.827 per share."},"claim":"Interactive Strength, Inc.: Amended Certificate of Designation of Series B Convertible Preferred Stock to delete mandatory conversion provision, add voluntary conversion, and clarify conversion price of $32.827 per share (effective 2024-12-10).","evidence_excerpt":"On December 10, 2024, Interactive Strength Inc., a Delaware corporation (the “Company”), filed a Certificate of Amendment (the “CoD Amendment”) to the Company’s Certificate of Designation of Series B Convertible Preferred Stock (“Series B”) with the Secretary of State of the State of Delaware to delete the mandatory conversion provision and to add a provision allowing the holders of Series B to voluntarily convert the shares of Series B that they hold. The CoD Amendment also clarifies that the conversion price of the Series B is $32.827 per share. The CoD Amendment became effective with the Secretary of State of the State of Delaware upon filing.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-136177","anchor_url":"https://secwatch.observer/filing/0000950170-24-136177#claim-068cc3a9908132e440097ffca66e3beefe17e4eb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024136177/0000950170-24-136177-index.htm"},{"fact_type":"governance_change","fact_key":"6b036ea75acaa5f82ea58f224244056b92d51f67","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-11-14T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2024-11-08","item_codes_triggered":["5.03"],"summary_text":"Filed a Certificate of Amendment to reduce the conversion price of Series A Convertible Preferred Stock from $0.7501 to $0.0702."},"claim":"Interactive Strength, Inc.: Filed a Certificate of Amendment to reduce the conversion price of Series A Convertible Preferred Stock from $0.7501 to $0.0702 (effective 2024-11-08).","evidence_excerpt":"On November 8, 2024, Interactive Strength Inc., a Delaware corporation (the \"Company\"), filed a Certificate of Amendment (the \"CoD Amendment\") to the Company’s Certificate of Designation of Series A Convertible Preferred Stock (\"Series A\") with the Secretary of State of the State of Delaware to reduce the conversion price of Series A from $0.7501 to $0.0702. The Certificate of Amendment became effective with the Secretary of State of the State of Delaware upon filing.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-127113","anchor_url":"https://secwatch.observer/filing/0000950170-24-127113#claim-6b036ea75acaa5f82ea58f224244056b92d51f67","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024127113/0000950170-24-127113-index.htm"},{"fact_type":"governance_change","fact_key":"aa1588ffe8abae59551790ad274e955a26d7126c","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-11-14T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2024-11-11","item_codes_triggered":["5.03"],"summary_text":"Filed a Certificate of Amendment to effect a 1-for-100 reverse stock split of common stock."},"claim":"Interactive Strength, Inc.: Filed a Certificate of Amendment to effect a 1-for-100 reverse stock split of common stock (effective 2024-11-11).","evidence_excerpt":"On November 8, 2024, Interactive Strength Inc., a Delaware corporation (the \"Company\"), filed a Certificate of Amendment (the \"Charter Amendment\") to the Company’s Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock, $0.0001 par value per share (\"Common Stock\"), at a rate of 1-for-100 (the \"Reverse Stock Split\"), effective as of 9:00 a.m. Eastern Time on November 11, 2024.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-127113","anchor_url":"https://secwatch.observer/filing/0000950170-24-127113#claim-aa1588ffe8abae59551790ad274e955a26d7126c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024127113/0000950170-24-127113-index.htm"},{"fact_type":"executive_change","fact_key":"c940f0df32","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-04-30T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-04-26","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"David Leis was appointed as Director at Interactive Strength, Inc..","evidence_excerpt":"On April 26, 2024, the Board of Directors (the “Board”) of Interactive Strength Inc. (the \"Company\") appointed David Leis as a member of the Board.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-24-050545","anchor_url":"https://secwatch.observer/filing/0000950170-24-050545#claim-c940f0df32","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024050545/0000950170-24-050545-index.htm"},{"fact_type":"material_agreement","fact_key":"a6acedda014d2b48d1c369df7bbccea6348f91f8","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-04-26T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Loan Restoration Agreement","agreement_type":"other","counterparty":"Vertical Investors, LLC","effective_date":"2024-04-24","item_codes_triggered":["1.01"],"value_text":null},"claim":"Interactive Strength, Inc. entered into Loan Restoration Agreement with Vertical Investors, LLC (effective 2024-04-24).","evidence_excerpt":"(the \"Company\") entered into a Credit Agreement (the “Credit Agreement”) with Vertical Investors, LLC (the “Lender”), pursuant to which the Company received a term loan from the Lender in the original principal amount of $7,968,977.74 (the “Loan”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-049297","anchor_url":"https://secwatch.observer/filing/0000950170-24-049297#claim-a6acedda014d2b48d1c369df7bbccea6348f91f8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm"},{"fact_type":"material_agreement","fact_key":"1b3bf8073e193e1d7e8c250ecab7d46539b225d0","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-04-26T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Loan Modification Agreement","agreement_type":"credit_facility","counterparty":"Vertical Investors, LLC","effective_date":"2024-04-24","item_codes_triggered":["1.01"],"value_text":null},"claim":"Interactive Strength, Inc. amended Loan Modification Agreement with Vertical Investors, LLC (effective 2024-04-24).","evidence_excerpt":"On April 24, 2024 (the “Effective Date”), the Company entered into a Loan Modification Agreement with the Lender (the “Modification Agreement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-049297","anchor_url":"https://secwatch.observer/filing/0000950170-24-049297#claim-1b3bf8073e193e1d7e8c250ecab7d46539b225d0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm"},{"fact_type":"ma_transaction","fact_key":"5e840a61b9db0a0ac521ba1197b755717141fcad","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-04-18T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2024-02-02","consideration_text":null,"counterparty":"CLMBR, Inc and CLMBR1, LLC","effective_date":"2024-02-02","item_codes_triggered":["2.01"]},"claim":"Interactive Strength, Inc. completed an acquisition involving CLMBR, Inc and CLMBR1, LLC (closed 2024-02-02).","evidence_excerpt":"On February 2, 2024, pursuant to the Asset Purchase Agreement, the Buyer completed the acquisition of the Company.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-045648","anchor_url":"https://secwatch.observer/filing/0000950170-24-045648#claim-5e840a61b9db0a0ac521ba1197b755717141fcad","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024045648/0000950170-24-045648-index.htm"},{"fact_type":"earnings_release","fact_key":"851dc7b4dda4c20fad5c7bc8e8aa607bf5607078","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-04-02T23:59:59+00:00","payload":{"eps_text":"$0.80 per diluted share","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$11.4 million","period_text":"the fourth and year ended December 31, 2023","report_date":"2024-04-01","result_type":"reported_results","revenue_text":null},"claim":"Interactive Strength, Inc. reported the fourth and year ended December 31, 2023 results: net income $11.4 million, EPS $0.80 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results Net Loss and Earnings per Diluted Share of $11.4 million and $0.80 Adjusted EBITDA was a $3.5 million loss, a $5.5 million improvement versus fourth quarter of 2022 The Company confirms it expects to be run-rate Adjusted EBITDA positive as early as the fourth quarter of 2024","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-24-039562","anchor_url":"https://secwatch.observer/filing/0000950170-24-039562#claim-851dc7b4dda4c20fad5c7bc8e8aa607bf5607078","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024039562/0000950170-24-039562-index.htm"},{"fact_type":"material_agreement","fact_key":"831ae851d02c6d4c46d534312ba388ca0fabe2a5","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-02-26T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Exclusive Distribution Agreement","agreement_type":"supply","counterparty":"WOODWAY USA, INC.","effective_date":"2024-02-20","item_codes_triggered":["1.01"],"value_text":"up to approximately $7 million in net revenue from sale of 2,150 units; warrant to purchase 800,000"},"claim":"Interactive Strength, Inc. entered into Exclusive Distribution Agreement with WOODWAY USA, INC. valued at up to approximately $7 million in net revenue from sale of 2,150 units; warrant to purchase 800,000 (effective 2024-02-20).","evidence_excerpt":"On February 20, 2024, Interactive Strength Inc., a Delaware corporation (the “Company”), entered into an Exclusive Distribution Agreement (the “Distribution Agreement”) with WOODWAY USA, INC. (the “Distributor”), a Wisconsin corporation, pursuant to which the Company granted to the Distributor the exclusive right to sell and distribute the Company’s CLMBR product anywhere in the world in the commercial market.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950170-24-020265","anchor_url":"https://secwatch.observer/filing/0000950170-24-020265#claim-831ae851d02c6d4c46d534312ba388ca0fabe2a5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024020265/0000950170-24-020265-index.htm"},{"fact_type":"ma_transaction","fact_key":"230e1eb2111e3c7c1c3291e966d27b00a3318547","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-02-07T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2024-02-02","consideration_text":"total purchase price enterprise value of approximately $15.4 million, consisting of the issuance at closing of shares of Common Stock with a value of $1.45 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and the retirement of $9.4 million of senior debt.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950170-24-012305","anchor_url":"https://secwatch.observer/filing/0000950170-24-012305#claim-230e1eb2111e3c7c1c3291e966d27b00a3318547","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024012305/0000950170-24-012305-index.htm"},{"fact_type":"material_agreement","fact_key":"a8df35fd246c67887384f1463a456b2b7686c0c9","cik":1785056,"ticker":"TRNR","company_name":"Interactive Strength, Inc.","filed_at":"2024-02-07T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Credit Agreement","agreement_type":"credit_facility","counterparty":"Vertical Investors LLC","effective_date":"2024-02-01","item_codes_triggered":["1.01"],"value_text":"$7,968,978"},"claim":"Interactive Strength, Inc. entered into Credit Agreement with Vertical Investors LLC valued at $7,968,978 (effective 2024-02-01).","evidence_excerpt":"On the Effective Date, the Company, 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