debt
confidence high
sentiment positive
materiality 0.65
Interactive Strength extends note maturity to Jan 2026, raises Series C conversion price to $3.25
Interactive Strength, Inc.
- Note maturity extended to Jan 30, 2026; $4M principal; note sold from Treadway to Woodway USA (largest customer).
- Series C Convertible Preferred conversion price raised from $1.00 to $3.25 per share.
- Company and CLMBR grant full release of claims against Woodway as part of amendment.
- Woodway USA, the guarantor and largest customer, now holds the note.