other material
confidence high
sentiment neutral
materiality 0.60
Interactive Strength exchanges $537K debt and preferred shares for 205K common shares
Interactive Strength, Inc.
- On Aug 10, exchanged $537,000 of Remainder Note principal for 150,000 shares at $3.58/share; remaining note balance $4,319,548.
- On Aug 12, exchanged 25,560 Series A Preferred shares (original cost $51,120) for 15,000 shares at $3.42/share.
- Two holders each exchanged 12,825 Series A Preferred shares (original cost $25,560) for 7,500 shares at $3.42/share.
- Woodway (USA) exchanged $85,500 of promissory note for 25,000 shares at $3.42/share; remaining note balance $1,875,087.
- Total 205,000 shares issued; outstanding shares now 1,619,702.