secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0000950170-24-002921
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength creates Series A Convertible Preferred Stock; 5M shares designated
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- 5M shares of Series A Convertible Preferred designated; 8% annual dividend, no voting rights.
- Conversion allowed after 12 months from issuance; conversion price at or above last closing price before board approval.
- Existing promissory notes amended to allow conversion into Series A Preferred.
- Effective January 8, 2024; preferred not listed on any exchange.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000095017024002921/0000950170-24-002921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000095017024002921/trnr-20240106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-002921

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer