Interactive Strength, Inc. (TRNR): M&A transaction — Interactive Strength closes Ergatta acquisition for ~$13.3M; pro forma revenue $24M, loss $26M

Interactive Strength, Inc.

Total consideration ~$13.3M: $2.1M cash, $1.75M secured note, 4.75M Series D-1 preferred shares (~$7.7M), contingent earnout (est. $1.6M, max $3.5M).
Pro forma FY2025 revenue $23.97M, net loss $25.93M; Ergatta contributed $12.44M revenue and $0.66M net income historically.
Preliminary purchase allocation: $9.8M intangible assets, $3.7M goodwill; Series D-1 classified as liability measured at fair value.
Acquisition closed March 11, 2026; this 8-K/A provides audited Ergatta financials and unaudited pro forma statements per Item 9.01.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Interactive Strength, Inc. completed an acquisition involving Ergatta Inc. for approximately $13.3 million (closed 2026-03-11).

Action: acquisition
Counterparty: Ergatta Inc.
Consideration: approximately $13.3 million
Closing: 2026-03-11

Exact text from the filing

Representative (the “Ergatta Agreement”) entered into on February 18, 2026 (the “Acquisition”). The aggregate purchase price for the Acquisition was approximately $13.3 million, which consisted of the issuance of 4.75 million shares of convertible Series D-1 Preferred Stock (the “Series D-1 Convertible Preferred Stock”) with an aggregate estimated fair

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Interactive Strength, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-219465

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