secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2025-09-23T23:59:59+00:00
Accession:  0001193125-25-213543
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/0001193125-25-213543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312525213543/trnr-20250918.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-213543

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