{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-053378","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2025-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.709452+00:00","generated_at":"2026-05-23T16:16:23.891166+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Interactive Strength signs binding deal to acquire Wattbike for £1 plus stock earn-out","bullets":["Acquires all shares of Wattbike for £1; noteholders receive Series E Preferred stock convertible to common by June 15, 2026.","Earn-out: 50% of FY26 revenue above £17.5M (cap £1.5M) and 50% of FY27 revenue above £20M (cap £1.5M).","Closing expected Q2 2025, subject to FCA consent and other customary conditions; terminates if not met by Sept 30, 2026.","Pro forma 2025 revenue >$65M; Wattbike has sold >100,000 bikes and is used by NFL, NBA, MLB, NHL, Premier League teams.","Synergies via shared distributors WOODWAY and MeFit Pro; manufacturing with Giant/AIPS in Taiwan."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-053378","json":"https://secwatch.observer/filing/0000950170-25-053378.json","markdown":"https://secwatch.observer/filing/0000950170-25-053378.md","text":"https://secwatch.observer/filing/0000950170-25-053378.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025053378/0000950170-25-053378-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025053378/trnr-20250408.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T16:16:23.891166+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}