Interactive Strength Inc. Announces Series A and C Preferred Stock Issuance, Loan Conversion, and Exchange Shares Transactions

Reuters
Aug 09
<a href="https://laohu8.com/S/TRNR">Interactive Strength</a> Inc. Announces Series A and C Preferred Stock Issuance, Loan Conversion, and Exchange Shares Transactions

Interactive Strength Inc. entered into several share transactions with Vertical Investors, LLC. On March 29, 2024, the company issued 1,500,000 shares of Series A Preferred Stock to the Lender upon the conversion of $3.0 million of a loan. On August 5, 2025, Interactive Strength Inc. issued 195,732 shares of Series C Preferred Stock as part of a Settlement Agreement, alongside a cash payment of $649,207, to cover a Net Trade Value of $1,040,671.41. Following this, the Lender owned a total of 1,405,887 shares of Series C Preferred Stock. No specific price per share is mentioned in the document.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Interactive Strength Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-106001), on August 08, 2025, and is solely responsible for the information contained therein.

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