---
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"
generated_at: "2026-10-13T20:17:13.160404+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Interactive Strength swaps $7.69M debt for Series R preferred; Wattbike refinances up to £2.13M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.03, 1.02, 2.03, 3.02, 3.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-420445
- JSON: https://secwatch.observer/filing/0001193125-26-420445.json
- Plain text: https://secwatch.observer/filing/0001193125-26-420445.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.