secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-228627
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312525228627/0001193125-25-228627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312525228627/trnr-20250926.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-228627

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