secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001193125-26-021272
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength issues 2.1M shares upon conversion of $1.57M note; outstanding now 5.25M
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- $1,574,867 principal of Incremental Note converted into 2,110,901 shares of common stock on Jan 16, 2026.
- Conversion was by TR Opportunities II LLC, the current holder of the Amended and Restated Note.
- Issuance exempt from registration under Section 3(a)(9) as an exchange with existing holder; no commission paid.
- Post-conversion common shares outstanding total 5,253,081, reflecting significant dilution.
- The converted principal amount is approximately 72% of the $2,174,867 Incremental Note balance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526021272/0001193125-26-021272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526021272/trnr-20260116.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-021272

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