Interactive Strength, Inc. (TRNR): debt financing — Interactive Strength issues $1M convertible note; investor receives 142,857 warrants

Interactive Strength, Inc.

On Oct 3, 2025, an accredited investor exercised Class A warrants to purchase a $1M senior secured convertible note.
Note matures Oct 3, 2026; convertible at $3.85/share (alternate conversion floor price $0.6872).
Investor also received Class A Common Warrants for 142,857 shares at $5.916/share, expiring Oct 3, 2032.
Conversion/exercise blocked if beneficial ownership exceeds 4.99% (or 9.99% per investor election).
Stockholder approval previously obtained for up to 10.2M conversion shares and 684,647 warrant shares (post-reverse split).

item 1.01 item 2.03 item 3.02

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Interactive Strength, Inc. incurred convertible notes of $1,000,000 maturing October 3, 2026.

Instrument: convertible notes
Principal: $1,000,000
Maturity: October 3, 2026
Event: incurrence

Exact text from the filing

On October 3, 2025, the Investor elected to exercise Class A Incremental Warrants (the “Warrant Exercise”) to purchase a Class A Incremental Note for a principal amount of $1,000,000 (the “Class A Incremental Note”) and, as a result, was issued Class A Incremental Common Warrants to purchase an aggregate 142,857 shares of Common Stock.

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Interactive Strength, Inc. issued 142,857 shares of Common Stock of warrant to accredited investor for $5.916 per share exercise price.

Security: warrant
Shares: 142,857 shares of Common Stock
Purchaser: accredited investor
Consideration: $5.916 per share exercise price

Exact text from the filing

The Class A Incremental Common Warrants are exercisable for shares of Common Stock at a price of $5.916 per share (the “Class A Incremental Common Warrant Exercise Price”). The Class A Incremental Common Warrants issued pursuant to the Warrant Exercise may be exercised during the period commencing October 3, 2025 and ending October 3, 2032.

View on SEC.gov

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

Interactive Strength, Inc. issued 142,857 shares of Common Stock of unit to accredited investor for $1,000,000 principal amount of Class A Incremental Note.

Security: unit
Shares: 142,857 shares of Common Stock
Purchaser: accredited investor
Consideration: $1,000,000 principal amount of Class A Incremental Note

Exact text from the filing

On October 3, 2025, the Investor elected to exercise Class A Incremental Warrants (the “Warrant Exercise”) to purchase a Class A Incremental Note for a principal amount of $1,000,000 (the “Class A Incremental Note”) and, as a result, was issued Class A Incremental Common Warrants to purchase an aggregate 142,857 shares of Common Stock.

View on SEC.gov

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

Interactive Strength, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-232027

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