other material
confidence high
sentiment neutral
materiality 0.65
Interactive Strength (TRNR) effects 1-for-7 reverse stock split to regain Nasdaq compliance
Interactive Strength, Inc.
- Reverse stock split at 1-for-7 effective June 30, 2026; shares reduced from ~3.6M to ~0.5M.
- Split approved by stockholders June 8, board June 18; part of plan to meet $1 minimum bid price.
- No fractional shares; cash paid in lieu. New CUSIP: 45840Y609.
- Ticker remains TRNR; proportionate adjustments to equity awards and warrants.