secwatch.observer — SEC 8-K summary
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Issuer:     Interactive Strength, Inc. (TRNR)
CIK:        0001785056
Form:       8-K/A
Filed at:   2026-05-12T20:14:58+00:00
Accession:  0001193125-26-219465
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interactive Strength closes Ergatta acquisition for ~$13.3M; pro forma revenue $24M, loss $26M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526219465/0001193125-26-219465-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785056/000119312526219465/trnr-20260311.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-219465

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