---
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"
generated_at: "2026-05-24T22:40:29.260697+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength raises $3.6M via secured convertible notes and warrants from existing investor

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-037979
- JSON: https://secwatch.observer/filing/0000950170-25-037979.json
- Plain text: https://secwatch.observer/filing/0000950170-25-037979.txt

## Key facts
- Debt Financings
  Interactive Strength, Inc. incurred convertible notes of $4,000,000 at 12% per annum maturing January 24, 2028.
  - Instrument: convertible notes
  - Principal: $4,000,000
  - Rate: 12% per annum
  - Maturity: January 24, 2028
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017025037979/0000950170-25-037979-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.