secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000950170-25-007333
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength extends note maturity to Jan 2026, raises Series C conversion price to $3.25
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000095017025007333/0000950170-25-007333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000095017025007333/trnr-20250114.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-007333

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