secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001193125-26-108367
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength closes Ergatta acquisition; $3.5M cash plus Series D preferred stock
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- Merger completed on March 11, 2026; Ergatta becomes wholly owned subsidiary.
- Total cash consideration of $3.5M: $1.75M at close and $1.75M deferred senior secured note due April 30, 2027.
- Ergatta stockholders received Series D1 Preferred stock valued between $5.25M and $9.5M.
- Ergatta senior management received equity incentives in Series D2 and D3 Preferred (up to $2M and $1M, respectively).
- Additional milestone-based consideration may be payable as previously disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526108367/0001193125-26-108367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526108367/trnr-20260311.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-108367

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