Interactive Strength settles $1.04M debt, issues stock, lowers conversion price to $5.50

Interactive Strength, Inc.

Settled $1,040,671 Net Trade Value with Vertical Investors: $649,207 cash plus 195,732 Series C Preferred shares.
Reduced Loan principal by $330K in exchange for 60,000 common shares at $5.50 each (above Aug 7 close of $4.21).
Lowered conversion price on $1.9M note from $25.70 to $5.50 for TR Opportunities II LLC via letter agreement.
Outstanding loan balance now $753,119.63 after the exchange.

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