Interactive Strength, Inc. (TRNR): debt financing — Interactive Strength restructures convertible notes, issues additional $2M note and warrants

Interactive Strength, Inc.

Global Amendment restructures existing notes with 3-year maturity; conversion price set at 130% of prior closing price.
Investor exercises $2M incremental warrant; new note convertible at $3.85/share (110% of prior closing).
Warrants issued for 285,714 shares at $5.916 strike, exercisable through September 2032.
Prior $3.25M note and $4M incremental note from Jan/Mar 2025 fully converted to common stock.
$5.71M in Class A Incremental Warrants remain outstanding after this exercise.

item 1.01 item 2.03 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Interactive Strength, Inc. incurred convertible notes of $2,000,000 maturing September 18, 2026.

Instrument: convertible notes
Principal: $2,000,000
Maturity: September 18, 2026
Event: incurrence

Exact text from the filing

On September 18, 2025, the Investor elected to exercise Class A Incremental Warrants (the “Warrant Exercise”) to purchase Class A Incremental Notes for an aggregate principal amount of $2,000,000

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Interactive Strength, Inc. issued 285,714 shares of Common Stock of warrant to an accredited investor.

Security: warrant
Shares: 285,714 shares of Common Stock
Purchaser: an accredited investor

Exact text from the filing

and, as a result, was issued Class A Incremental Common Warrants to purchase an aggregate 285,714 shares of Common Stock

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Interactive Strength, Inc. issued convertible note to an accredited investor for aggregate principal amount of $2,000,000.

Security: convertible note
Purchaser: an accredited investor
Consideration: aggregate principal amount of $2,000,000

Exact text from the filing

On September 18, 2025, the Investor elected to exercise Class A Incremental Warrants (the “Warrant Exercise”) to purchase Class A Incremental Notes for an aggregate principal amount of $2,000,000

View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

Interactive Strength, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-213543

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