secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0000950170-25-093152
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000095017025093152/0000950170-25-093152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000095017025093152/trnr-20250626.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-093152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer