---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-228627"
form_type: "8-K"
ticker: "TRNR"
cik: "0001785056"
company_name: "Interactive Strength, Inc."
filed_at: "2025-10-02T23:59:59+00:00"
generated_at: "2026-05-17T04:57:07.937829+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength exchanges Woodway Note for $2.17M new note, cancels warrants

## Summary
- Exchanged $3.1M Woodway Note for new $2,174,866.67 Incremental Note due Jan 30, 2026.
- New note bears 12% annual interest, convertible at $5.50/share or alternate conversion price.
- Class B Incremental Warrants for $2,174,866.67 principal were canceled in connection with exchange.
- Exchange executed under Section 3(a)(9) Securities Act exemption; investor is affiliated entity TR Opportunities.
- Maturity of Jan 30, 2026; alternate conversion price may be as low as 85% of VWAP during event of default.

## SEC filing metadata
- accession: 0001193125-25-228627
- form_type: 8-K
- ticker: TRNR
- cik: 0001785056
- company_name: Interactive Strength, Inc.
- filed_at: 2025-10-02T23:59:59+00:00
- event_type: other_material
- 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/1785056/000119312525228627/0001193125-25-228627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785056/000119312525228627/trnr-20250926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-228627
- JSON: https://secwatch.observer/filing/0001193125-25-228627.json
- Plain text: https://secwatch.observer/filing/0001193125-25-228627.txt

## Key facts
- Debt Financings
  Interactive Strength, Inc. incurred convertible notes of $2,174,866.67 with the Note Holder at 12% per annum maturing January 30, 2026.
  - Instrument: convertible notes
  - Principal: $2,174,866.67
  - Counterparty: the Note Holder
  - Rate: 12% per annum
  - Maturity: January 30, 2026
  - Event: incurrence
  source text: the Company exchanged the Woodway Note for an Incremental Note in an aggregate principal amount of $2,174,866.67 (the “Exchange Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785056/000119312525228627/0001193125-25-228627-index.htm

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