secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000950170-24-127113
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength implements 1-for-100 reverse stock split and cuts Series A conversion price to $0.0702
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- Reverse split at 1-for-100 effective Nov 11, 2024; shares outstanding drop from 41,787,040 to 417,871.
- Series A preferred conversion price reduced from $0.7501 to $0.0702, significantly increasing potential dilution.
- Trading symbol remains TRNR; new CUSIP is 45840Y302 after the split.
- Reverse split affects all common holders uniformly; fractional shares are rounded up.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000095017024127113/0000950170-24-127113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000095017024127113/trnr-20241108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-127113

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