{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-206325","form_type":"8-K/A","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2025-09-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.982183+00:00","generated_at":"2026-05-17T06:23:08.540996+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Interactive Strength acquires Wattbike for $4M; pro forma shows combined net loss of $11.9M for H1 2025","bullets":["Purchase price $4.0M: 1.3M Series E Preferred ($2.6M fair value), bridge $0.8M, contingent $0.2M, de minimis cash.","Pro forma combined H1 2025: revenue $11.8M, net loss $11.9M; FY 2024 pro forma: revenue $21.3M, net loss $41.9M.","Wattbike standalone H1 2025: revenue $9.2M, net loss $2.5M; Interactive standalone H1 2025: revenue $2.6M, net loss $8.8M.","Acquisition closed July 1, 2025; Wattbike historical and pro forma financials filed in this 8-K/A."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-206325","json":"https://secwatch.observer/filing/0001193125-25-206325.json","markdown":"https://secwatch.observer/filing/0001193125-25-206325.md","text":"https://secwatch.observer/filing/0001193125-25-206325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000119312525206325/0001193125-25-206325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000119312525206325/trnr-20250701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:23:08.540996+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":"9bed95299c2e2e1d8c7be26df515601339d02223","claim":"Interactive Strength, Inc. completed an acquisition involving Wattbike (Holdings) Limited for $4.0 million (closed 2025-07-01).","evidence_excerpt":"and Loan Notes of Wattbike Holdings Limited (the “Wattbike Agreement”) entered into on April 8, 2025 (the “Acquisition”). The aggregate purchase price for the Acquisition was $4.0 million, which consisted of the issuance of 1.3 million convertible Series E Preferred Stock (the “Series E Convertible Preferred Stock”) with an aggregate fair value of $2.6 million,","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312525206325/0001193125-25-206325-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Wattbike (Holdings) Limited"},{"label":"Consideration","value":"$4.0 million"},{"label":"Closing","value":"2025-07-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}