{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-299839","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2026-07-09T21:15:45+00:00","discovered_at":"2026-07-09T21:18:00.291250+00:00","generated_at":"2026-07-09T21:18:08.163178+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TRNR acquires STEPR for up to $22.7M; raises 2026 pro forma revenue guidance to >$50M","bullets":["Base consideration $6.7M (cash, debt, equity) plus up to $16M in performance-based equity tied to EBITDA milestones.","STEPR expected >$15M revenue in 2026; TRNR pro forma revenue >$50M.","Deal expected to close Q4 2026; STEPR founders to continue leading.","TRNR expects adjusted EBITDA profitability in Q4 2026 after closing.","EV/EBITDA multiple expected <4.0x on 2027 EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-299839","json":"https://secwatch.observer/filing/0001193125-26-299839.json","markdown":"https://secwatch.observer/filing/0001193125-26-299839.md","text":"https://secwatch.observer/filing/0001193125-26-299839.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526299839/0001193125-26-299839-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526299839/trnr-20260707.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-09T21:18:08.163178+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}