{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-420445","form_type":"8-K","ticker":"TRNR","cik":"0001785056","company_name":"Interactive Strength, Inc.","filed_at":"2026-10-13T20:15:31+00:00","discovered_at":"2026-10-13T20:17:00.242683+00:00","generated_at":"2026-10-13T20:17:13.160404+00:00","sec_items":["1.01","5.03","1.02","2.03","3.02","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Interactive Strength swaps $7.69M debt for Series R preferred; Wattbike refinances up to £2.13M","bullets":["Exchanged $7,685,090 of Remainder Notes (principal, interest, other amounts) for 768,509 Series R Preferred shares with $10 stated value; closed Sept 30, 2026.","Series R converts at $2.83/share, equal to about 2.71M common shares; ranks senior to common stock; 4.99% beneficial ownership cap, raisable to 9.99%.","Company had 1,619,907 common shares outstanding as of Sept 30, 2026 and reimbursed holders' counsel $50,000.","Wattbike refinanced prior facility: £625,000 term loan (24 months, £31,389.72/month), £750,000 invoice discounting at NatWest base +2.75%, £750,000 inventory facility at 1.85%/month.","Paid Prior Lender £85,000 exit fee; inventory loans are demand-payable; CEO Trent Ward and Wattbike CEO Stephen Loftus gave personal indemnities."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-420445","json":"https://secwatch.observer/filing/0001193125-26-420445.json","markdown":"https://secwatch.observer/filing/0001193125-26-420445.md","text":"https://secwatch.observer/filing/0001193125-26-420445.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526420445/0001193125-26-420445-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526420445/trnr-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-13T20:17:13.160404+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"}