---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-052952"
form_type: "8-K"
ticker: "TRNR"
cik: "0001785056"
company_name: "Interactive Strength, Inc."
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:45:22.633873+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength (TRNR) to acquire CLMBR for ~$16.9M in stock and debt assumption

## Summary
- Enterprise value $16.9M; $6M in TRNR stock (VWAP collar), $1.5M sub-debt assumed, $9.4M senior debt retired.
- Combined 2024 revenue expected >$20M; cash flow positive and adjusted EBITDA profitable potentially by Q4 2024.
- CLMBR shareholders receive TRNR equity with lock-up until Oct 2024; no cash taken off table.
- Acquisition expected to close in Q4 2023; adds B2B distribution via WOODWAY partnership.

## SEC filing metadata
- accession: 0000950170-23-052952
- form_type: 8-K
- ticker: TRNR
- cik: 0001785056
- company_name: Interactive Strength, Inc.
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785056/000095017023052952/0000950170-23-052952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785056/000095017023052952/trnr-20231006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-052952
- JSON: https://secwatch.observer/filing/0000950170-23-052952.json
- Plain text: https://secwatch.observer/filing/0000950170-23-052952.txt

## Key facts
- Material Agreements
  Interactive Strength, Inc. entered into Asset Purchase Agreement with CLMBR, Inc and CLMBR1, LLC valued at approximately $16.9 million (effective 2023-10-06).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: CLMBR, Inc and CLMBR1, LLC
  - Value: approximately $16.9 million
  - Effective: 2023-10-06
  source text: On October 6, 2023, Interactive Strength Inc. (the “Company”) entered into an asset purchase agreement (the “Asset Purchase Agreement”) with CLMBR, Inc and CLMBR1, LLC (the “Sellers”) to purchase and acquire substantially all of the assets and assume certain liabilities of the Sellers (the "Acquisition").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017023052952/0000950170-23-052952-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.