{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-006397","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.167183+00:00","generated_at":"2026-05-16T11:23:39.831986+00:00","sec_items":["1.01","2.03","3.02","3.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Interactive Strength settles debt, issues equity to Vertical, draws $1.15M from warrant exercise, cancels LTI shares","bullets":["Settled $33,750 Net Trade Value by issuing 16,875 Series C Preferred shares to Vertical Investors.","Exchanged $156,202 of loan principal for 28,400 common shares at $5.50/share; loan balance now $14,048.","Investor exercised Class A Incremental Warrants for $1.153M note; received 618,442 common warrants exercisable at $1.5756.","Board cancelled 1.25M Series LTI Preferred shares previously issued to officers/directors; no consideration paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-006397","json":"https://secwatch.observer/filing/0001193125-26-006397.json","markdown":"https://secwatch.observer/filing/0001193125-26-006397.md","text":"https://secwatch.observer/filing/0001193125-26-006397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526006397/0001193125-26-006397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526006397/trnr-20251231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:23:39.831986+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9169546c67940dcdcd475be466f19a4dc0fd03ce","claim":"Interactive Strength, Inc. incurred convertible notes of aggregate principal amount of $13,000,000 with accredited investor at Not specified maturing Not specified.","evidence_excerpt":"incremental warrants (the “Class A Incremental Warrants”) to purchase (a) senior secured convertible notes (the “Class A Incremental Notes”) in the aggregate principal amount of $13,000,000 and (b) warrants (the “Class A Incremental Common Warrants”) to purchase shares of Common Stock. The amount of Class A Incremental Common Warrant shares issuable upon exercise of","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526006397/0001193125-26-006397-index.htm","confidence":0.6,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"aggregate principal amount of $13,000,000"},{"label":"Counterparty","value":"accredited investor"},{"label":"Rate","value":"Not specified"},{"label":"Maturity","value":"Not specified"},{"label":"Event","value":"incurrence"}]},{"claim_id":"bc686bd2c14796c92b4de3f23e2cc466a4f63bcc","claim":"Interactive Strength, Inc. entered into Exchange Agreement with Vertical Investors, LLC (effective 2025-12-31).","evidence_excerpt":"(the \"Company\") entered into a Credit Agreement (the “Credit Agreement”) with Vertical Investors, LLC (the “Lender”), pursuant to which the Company received a term loan from the Lender in the original principal amount of $7,968,977.74 (the “Loan”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526006397/0001193125-26-006397-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Vertical Investors, LLC"},{"label":"Effective","value":"2025-12-31"}]},{"claim_id":"e27054eb347ca9173bdfe1d48137ccf96d0cb025","claim":"Interactive Strength, Inc. entered into Settlement Agreement with Vertical Investors, LLC (effective 2025-12-31).","evidence_excerpt":"On December 31, 2025, the Company and the Lender entered into a Settlement Agreement (the “Settlement Agreement”), pursuant to which the Company issued 16,875 shares (the “Series C Preferred Shares”) of the Company’s Series C Preferred Stock, par value $0.0001 per share (“Series C Preferred Stock”), to the Lender as payment of the $33,749.81 Net Trade Value.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526006397/0001193125-26-006397-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Vertical Investors, LLC"},{"label":"Effective","value":"2025-12-31"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}