---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-213543"
form_type: "8-K"
ticker: "TRNR"
cik: "0001785056"
company_name: "Interactive Strength, Inc."
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:53:42.547206+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength restructures convertible notes, issues additional $2M note and warrants

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-213543
- form_type: 8-K
- ticker: TRNR
- cik: 0001785056
- company_name: Interactive Strength, Inc.
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/0001193125-25-213543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/trnr-20250918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-213543
- JSON: https://secwatch.observer/filing/0001193125-25-213543.json
- Plain text: https://secwatch.observer/filing/0001193125-25-213543.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/0001193125-25-213543-index.htm
- Equity Issuances
  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
  source text: and, as a result, was issued Class A Incremental Common Warrants to purchase an aggregate 285,714 shares of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/0001193125-25-213543-index.htm
- Equity Issuances
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/0001193125-25-213543-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.