{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-037979","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2025-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.848790+00:00","generated_at":"2026-05-24T22:40:29.260697+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Interactive Strength raises $3.6M via secured convertible notes and warrants from existing investor","bullets":["Investor exercised Class A Incremental Warrants to purchase $4M principal of senior secured convertible notes; gross proceeds ~$3.6M.","Notes carry 10% OID, 12% interest, maturity Jan 24, 2028; convertible at $1.989/share (110% of principal+accrued).","Issued 829,876 common warrants exercisable at $3.06/share through Jan 28, 2032.","Company reiterates M&A strategy; expects Sportstech and LOI deals to close in Q2, adding >$50M pro forma 2025 revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-037979","json":"https://secwatch.observer/filing/0000950170-25-037979.json","markdown":"https://secwatch.observer/filing/0000950170-25-037979.md","text":"https://secwatch.observer/filing/0000950170-25-037979.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025037979/0000950170-25-037979-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025037979/trnr-20250311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T22:40:29.260697+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8071d4934c71ab892e4c02846dd92759837a9998","claim":"Interactive Strength, Inc. incurred convertible notes of $4,000,000 at 12% per annum maturing January 24, 2028.","evidence_excerpt":"On March 11, 2025, the Investor elected to exercise the Class A Incremental Warrants (the “Warrant Exercise”) to purchase the Class A Incremental Notes for an aggregate principal amount of $4,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025037979/0000950170-25-037979-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$4,000,000"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"January 24, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}