m_and_a
confidence high
sentiment neutral
materiality 0.60
Interactive Strength closes acquisition of Wattbike; pays £1 for shares, issues 1.3M preferred shares for notes
Interactive Strength, Inc.
- Closed acquisition of Wattbike (Holdings) Limited on July 1, 2025.
- Acquired all shares of Wattbike for £1.00; issued 1,300,000 shares of Series E Convertible Preferred Stock for the notes.
- Additional consideration may be payable upon achievement of milestones as previously disclosed.
- Financial statements and pro forma information to be filed by amendment within 71 days after July 8, 2025.
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