other material
confidence high
sentiment neutral
materiality 0.75
Interactive Strength shareholders approve share issuances and reverse split up to 1-for-100
Interactive Strength, Inc.
- All six proposals passed with >97% approval; quorum 1,063,035 of 1,619,702 shares (65.6%).
- Approved issuance of 20%+ of common stock on conversion of Series A, C, D, E preferred and Series F for STEPR acquisition (SPA dated July 7, 2026).
- Approved convertible note and warrant issuances for 20%+ of outstanding shares; each passed with ~1,051,743 votes for.
- Approved 2023 Plan amendment adding 5,000,000 shares plus automatic increase equal to 10% of Series F conversions.
- Approved reverse stock split range 1-for-4 to 1-for-100, board discretion, to be completed within one year of Aug 13, 2026 record date.