{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-077765","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2025-05-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.710529+00:00","generated_at":"2026-05-20T11:05:54.508274+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Interactive Strength issues $2M promissory note to largest customer Woodway USA with warrant","bullets":["Unsecured note with original issue discount of 10% ($1.8M purchase price), 15% interest, due May 21, 2027.","Warrant issued to purchase 400,000 shares at $1.25 per share, exercisable until May 21, 2035.","Prepayment penalty applies if total interest paid is less than $600,000.","Warrant contains 4.99% beneficial ownership limitation; issued under Regulation D to accredited investor."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-077765","json":"https://secwatch.observer/filing/0000950170-25-077765.json","markdown":"https://secwatch.observer/filing/0000950170-25-077765.md","text":"https://secwatch.observer/filing/0000950170-25-077765.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025077765/0000950170-25-077765-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025077765/trnr-20250521.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T11:05:54.508274+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":"92de30438afa9e5aa88425895947ad1eb6b30efd","claim":"Interactive Strength, Inc. incurred loan of $2,000,000 with Woodway USA, Inc. at 15.0% per annum maturing May 21, 2027.","evidence_excerpt":"On May 21, 2025, Interactive Strength Inc. (the “Company”) issued an unsecured promissory note in the principal amount of $2,000,000 (the “Note”) to Woodway USA, Inc.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025077765/0000950170-25-077765-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2,000,000"},{"label":"Counterparty","value":"Woodway USA, Inc."},{"label":"Rate","value":"15.0% per annum"},{"label":"Maturity","value":"May 21, 2027"},{"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"}