---
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"
generated_at: "2026-06-06T20:09:21.809220+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength amends CLMBR acquisition; enterprise value $15.4M, close expected Jan 2024

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-006632
- JSON: https://secwatch.observer/filing/0000950170-24-006632.json
- Plain text: https://secwatch.observer/filing/0000950170-24-006632.txt

## Key facts
- Material Agreements
  Interactive Strength, Inc. amended Amended Agreement with CLMBR, Inc and CLMBR1, LLC valued at approximately $15.4 million (effective 2024-01-22).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: CLMBR, Inc and CLMBR1, LLC
  - Value: approximately $15.4 million
  - Effective: 2024-01-22
  source text: On January 22, 2024, the Company and the Sellers entered into an amended and restated Asset Purchase Agreement (the “Amended Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017024006632/0000950170-24-006632-index.htm

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