debt
confidence high
sentiment neutral
materiality 0.40
Interactive Strength receives $260K from warrant exercise, issues convertible note and warrants
Interactive Strength, Inc.
- Investor exercises Class A Incremental Warrants to purchase $260,000 principal Class A Incremental Note due Dec 17, 2026.
- Note convertible at 110% of principal plus accrued interest into common at $1.793/share; alternate conversion floor $0.326.
- Issued Class A Incremental Common Warrants to purchase 79,755 shares at $2.755/share, exercisable through Dec 17, 2032.
- Total Class A Incremental Notes purchased under agreement now $10,935,000.
- Company had 2,777,714 shares of common stock outstanding as of Dec 17, 2025.