secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001193125-26-046591
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength issues $690K in convertible notes, warrants for 841K shares in Feb 2026
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- On Feb 5, 2026, an investor exercised incremental warrants to purchase a $558,687 convertible note and received 681,160 common warrants.
- On Feb 9, 2026, the investor purchased a $131,313 note and received 160,099 warrants, totaling $690,000 in notes and 841,259 warrants.
- Notes are senior secured, convertible at $0.45111 or alternate with floor of $0.08202, maturing in Feb 2027.
- Warrants are exercisable at $0.69316 through Feb 2033, subject to a 4.99% beneficial ownership cap (9.99% at investor option).
- Securities were sold in an unregistered offering based on Section 4(a)(2) and Rule 506 to an accredited investor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526046591/0001193125-26-046591-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526046591/trnr-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-046591

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer