secwatch / observer
8-K filed December 13, 2024, 6:59 PM ET ticker TRNR CIK 0001785056
other material confidence high sentiment neutral materiality 0.55

Interactive Strength amends Series B Preferred to allow voluntary conversion at $32.827/share

Interactive Strength, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Interactive Strength, Inc.: Amended Certificate of Designation of Series B Convertible Preferred Stock to delete mandatory conversion provision, add voluntary conversion, and clarify conversion price of $32.827 per share (effective 2024-12-10).

Change
charter amendment
Effective
2024-12-10
Exact text from the filing
On December 10, 2024, Interactive Strength Inc., a Delaware corporation (the “Company”), filed a Certificate of Amendment (the “CoD Amendment”) to the Company’s Certificate of Designation of Series B Convertible Preferred Stock (“Series B”) with the Secretary of State of the State of Delaware to delete the mandatory conversion provision and to add a provision allowing the holders of Series B to voluntarily convert the shares of Series B that they hold. The CoD Amendment also clarifies that the conversion price of the Series B is $32.827 per share. The CoD Amendment became effective with the Secretary of State of the State of Delaware upon filing.
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Interactive Strength, Inc. filing history →

Source: SEC EDGAR
accession 0000950170-24-136177
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