---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-062783"
form_type: "8-K"
ticker: "TRNR"
cik: "0001785056"
company_name: "Interactive Strength, Inc."
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:59:49.547164+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength settles $500k advisory fee with unsecured promissory note to Berenberg

## Summary
- Settled $500,000 liability owed to Berenberg Capital Markets for IPO advisory services.
- Issued unsecured promissory note for $500k, 5% annual interest, due May 1, 2026.
- Note is unsecured and includes restrictive legend under Securities Act.
- No cash paid; extinguishes the existing liability entirely.

## SEC filing metadata
- accession: 0000950170-25-062783
- form_type: 8-K
- ticker: TRNR
- cik: 0001785056
- company_name: Interactive Strength, Inc.
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785056/000095017025062783/0000950170-25-062783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785056/000095017025062783/trnr-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-062783
- JSON: https://secwatch.observer/filing/0000950170-25-062783.json
- Plain text: https://secwatch.observer/filing/0000950170-25-062783.txt

## Key facts
- Debt Financings
  Interactive Strength, Inc. incurred loan of $500,000 with Berenberg Capital Markets LLC at 5% per annum maturing May 1, 2026.
  - Instrument: loan
  - Principal: $500,000
  - Counterparty: Berenberg Capital Markets LLC
  - Rate: 5% per annum
  - Maturity: May 1, 2026
  - Event: incurrence
  source text: On May 1, 2025, the Company and the Recipient entered into a Settlement Agreement (the “Settlement Agreement”), pursuant to which the Company and the Recipient agreed to settle the Liability by issuing to the Recipient an unsecured promissory note in the principal amount of $500,000 (the “Settlement Note”). The Settlement Note has a maturity date of May 1, 2026 and accrues interest at a rate of 5% per annum.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000095017025062783/0000950170-25-062783-index.htm

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