secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K/A
Filed at:   2025-09-17T23:59:59+00:00
Accession:  0001193125-25-206325
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength acquires Wattbike for $4M; pro forma shows combined net loss of $11.9M for H1 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312525206325/0001193125-25-206325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312525206325/trnr-20250701.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-206325

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