{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-049297","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.093378+00:00","generated_at":"2026-06-03T06:37:09.571159+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TRNR converts $3M senior loan to equity, extends remaining $4.96M maturity to Dec 2024","bullets":["Converted $3M of $7.97M senior loan into Series A Preferred Stock; outstanding principal now $4.96M.","Extended maturity of remaining loan balance to December 2024.","Monthly interest payment set at $60k; mandatory principal payments equal to greater of $3M or 20% of net capital raise.","Restoration agreement: Company guarantees $3M net proceeds from preferred sale by Dec 31 2024; excess over $3.1M split to lender and fees.","CEO expects approaching profitability by Q4 2024 based on CLMBR acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-049297","json":"https://secwatch.observer/filing/0000950170-24-049297.json","markdown":"https://secwatch.observer/filing/0000950170-24-049297.md","text":"https://secwatch.observer/filing/0000950170-24-049297.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/trnr-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:37:09.571159+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":"1b3bf8073e193e1d7e8c250ecab7d46539b225d0","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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Vertical Investors, LLC"},{"label":"Effective","value":"2024-04-24"}],"fact_type":"material_agreement"},{"claim_id":"a6acedda014d2b48d1c369df7bbccea6348f91f8","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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Vertical Investors, LLC"},{"label":"Effective","value":"2024-04-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}