---
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"
generated_at: "2026-06-03T06:37:09.571159+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TRNR converts $3M senior loan to equity, extends remaining $4.96M maturity to Dec 2024

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-049297
- JSON: https://secwatch.observer/filing/0000950170-24-049297.json
- Plain text: https://secwatch.observer/filing/0000950170-24-049297.txt

## Key facts
- Material Agreements
  Interactive Strength, Inc. amended Loan Modification Agreement with Vertical Investors, LLC (effective 2024-04-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Vertical Investors, LLC
  - Effective: 2024-04-24
  source text: On April 24, 2024 (the “Effective Date”), the Company entered into a Loan Modification Agreement with the Lender (the “Modification Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm
- Material Agreements
  Interactive Strength, Inc. entered into Loan Restoration Agreement with Vertical Investors, LLC (effective 2024-04-24).
  - Action: entry
  - Counterparty: Vertical Investors, LLC
  - Effective: 2024-04-24
  source text: (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_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017024049297/0000950170-24-049297-index.htm

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