{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-006632","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.522850+00:00","generated_at":"2026-06-06T20:09:21.809220+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Interactive Strength amends CLMBR acquisition; enterprise value $15.4M, close expected Jan 2024","bullets":["Amended consideration: $1.45M common stock, $3M non-voting preferred, assumption of $1.5M subordinated debt, and $9.4M senior debt (with $1.4M cash paydown and $8M note).","Combined revenue guidance for 2024: $15-20M; expects cashflow positive and adjusted EBITDA profitable potentially by Q4 2024.","Sellers' common shares locked up until October 2024; preferred stock held back for 24 months against indemnification.","Transaction expected to close by end of January 2024, subject to conditions including financing and regulatory clearance.","Deal structured as asset purchase; EV/2024 projected CLMBR revenue multiple ~1.0x-1.3x."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-006632","json":"https://secwatch.observer/filing/0000950170-24-006632.json","markdown":"https://secwatch.observer/filing/0000950170-24-006632.md","text":"https://secwatch.observer/filing/0000950170-24-006632.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024006632/0000950170-24-006632-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024006632/trnr-20240122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:09:21.809220+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7a41e8ee23f84f0848d43c7d279b5f3838378fbd","claim":"Interactive Strength, Inc. amended Amended Agreement with CLMBR, Inc and CLMBR1, LLC valued at approximately $15.4 million (effective 2024-01-22).","evidence_excerpt":"On January 22, 2024, the Company and the Sellers entered into an amended and restated Asset Purchase Agreement (the “Amended Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024006632/0000950170-24-006632-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"CLMBR, Inc and CLMBR1, LLC"},{"label":"Value","value":"approximately $15.4 million"},{"label":"Effective","value":"2024-01-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}