{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-084290","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2025-06-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.711115+00:00","generated_at":"2026-05-19T15:57:51.878742+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Interactive Strength issues $725K convertible note at 15% to S Interactive LLC","bullets":["Principal $725K with 10% OID, net proceeds $652,500; matures June 4, 2027.","Interest accrues at 15% per annum, payable in cash or stock at conversion.","Conversion price $1.25 per share into Series A Preferred Stock, exercisable anytime before maturity.","Prepayment requires minimum interest of $217,500 if paid early.","Proceeds used for general corporate purposes; upon default all principal and interest become due."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-084290","json":"https://secwatch.observer/filing/0000950170-25-084290.json","markdown":"https://secwatch.observer/filing/0000950170-25-084290.md","text":"https://secwatch.observer/filing/0000950170-25-084290.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025084290/0000950170-25-084290-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025084290/trnr-20250604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T15:57:51.878742+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":"3de2274d0063a7fec10f31a4b4a8f33df6a54a76","claim":"Interactive Strength, Inc. incurred convertible notes of $725,000 with S Interactive LLC. at fifteen percent (15.0%) per annum maturing June 4, 2027.","evidence_excerpt":"On June 4, 2025, Interactive Strength Inc. (the “Company”) issued a convertible promissory note in the principal amount of $725,000 (the “Note”) to S Interactive LLC. (the “Holder”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000095017025084290/0000950170-25-084290-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$725,000"},{"label":"Counterparty","value":"S Interactive LLC."},{"label":"Rate","value":"fifteen percent (15.0%) per annum"},{"label":"Maturity","value":"June 4, 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"}