Interactive Strength closes Wattbike acquisition, effects 1-for-10 reverse stock split, issues Series E Preferred

Interactive Strength, Inc.

Reverse stock split 1-for-10 effective June 26; shares outstanding reduced from 14,091,197 to 1,409,047.
Series E Convertible Preferred Stock (1.3M shares) designated and issued on July 1, 2025 for Wattbike acquisition.
Series E Preferred has $2.00 per share Original Issue Price, mandatory conversion on June 15, 2026, subject to Nasdaq limitations.
No fractional shares; cash paid for fractions. Trading symbol TRNR unchanged; new CUSIP 45840Y401.

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