Interactive Strength exchanges $225K note principal for 150K shares; $222K warrant exercise

Interactive Strength, Inc.

Exchange Agreement reduces New Note principal from $2.146M to $1.921M by issuing 150K common shares at $1.50/share.
Investor exercises Class A Incremental Warrants for $222K note; receives warrants to buy 93,277 common shares.
New Note maturity Dec 30, 2026; convertible at 110% of principal plus interest at $1.309/share conversion price.
Class A Incremental Common Warrants exercisable at $2.011/share through Dec 30, 2032.
As of Jan 5, 2026, company had 3,046,762 common shares outstanding; securities issued under exemptions.

item 1.01 item 2.03 item 3.02 item 9.01

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 senior notes of $222,000 with an accredited investor maturing December 30, 2026.

Instrument: senior notes
Principal: $222,000
Counterparty: an accredited investor
Maturity: December 30, 2026
Event: incurrence

Exact text from the filing

On December 30, 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 $222,000 (the “Class A Incremental Note”)

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Interactive Strength, Inc. entered into Exchange Agreement with an investor (the "Buyer") valued at $225,000 (effective 2025-12-29).

Action: entry
Counterparty: an investor (the "Buyer")
Value: $225,000
Effective: 2025-12-29

Exact text from the filing

On December 29, 2025, the Company and the Buyer entered into that certain Exchange Agreement (the “Exchange Agreement”), pursuant to which the Company and the Buyer agreed to reduce the principal amount of the New Note by $225,000 in exchange for the issuance of 150,000 shares (the “Exchange Shares”) of the Company’s common stock

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

Interactive Strength, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-002608

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