Interactive Strength Inc. Announces Reverse Stock Split and Series E Preferred Stock Issuance

Reuters
03 Jul
<a href="https://laohu8.com/S/TRNR">Interactive Strength</a> Inc. Announces Reverse Stock Split and Series E Preferred Stock Issuance

Interactive Strength Inc. has announced amendments to its bylaws, including a reverse stock split of its common stock at a rate of 1-for-10, effective June 26, 2025. The common stock will trade on a split-adjusted basis on The Nasdaq Capital Market under the symbol "TRNR" with a new CUSIP number 45840Y401. Additionally, the company has designated 1.3 million shares of Series E Convertible Preferred Stock, which will automatically convert to common stock on June 15, 2026, at a specified conversion price.

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