IPO - Interactive Strength, Inc.

Form Type: S-3

Filing Date: 2025-06-27

Corporate Action: Ipo

Type: New

Accession Number: 000095017025091040

Filing Summary: On June 27, 2025, Interactive Strength, Inc. filed a registration statement with the SEC under Form S-3 to offer and sell securities valued at up to $250 million, including common stock, preferred stock, debt securities, warrants, rights, and units. This distribution can occur over time through various methods, including direct sales and underwriters. As an emerging growth company and smaller reporting company, the registration statement allows Interactive Strength to leverage their public currency for future business acquisitions and growth. The company generated $5.4 million in revenue for 2024, while incurring a net loss of $(34.9) million. The capital raised will facilitate the expansion of their product offerings, especially through planned international acquisitions and strategic partnerships. Additionally, the prospectus mentions an asset appreciation strategy involving FET tokens, purchased using proceeds from past financing efforts. Risk factors and financial uncertainties inherent in these plans are also emphasized, indicating careful consideration for potential investors.

Form Type: 424B4

Filing Date: 2025-04-25

Corporate Action: Ipo

Type: New

Accession Number: 000095017025058758

Filing Summary: On April 25, 2025, Interactive Strength Inc. filed a prospectus related to the offering and resale of 6,846,970 shares of its common stock by TR Opportunities I LLC. The offering consists of shares issuable from senior secured convertible notes with a principal of $4 million and warrants. The company will not receive proceeds from the stock sales but could gain up to approximately $2.5 million if warrants are exercised. Notably, the common stock is quoted under the symbol 'TRNR' on the Nasdaq. The document emphasizes the risks associated with investing in the securities, including potential market price declines and operational uncertainties. It outlines previous financial arrangements including a loan agreement of $2.25 million with repayment options and convertible note financings, emphasizing the firm's growth strategy and the innovative nature of its fitness solutions, offering products like the CLMBR and FORME. The document incorporates forward-looking statements indicating the potential variability in performance and market trends.

Form Type: S-1

Filing Date: 2025-04-16

Corporate Action: Ipo

Type: New

Accession Number: 000095017025054762

Filing Summary: Interactive Strength, Inc. has filed a Registration Statement on Form S-1 with the SEC to register the offering and resale of up to 6,846,970 shares of its common stock by a selling stockholder, TR Opportunities I LLC. The filing is intended to commence selling these shares in a public offering after it becomes effective. The shares consist of 6,017,094 issuable shares from senior secured convertible notes totaling $4,000,000, and 829,876 shares from warrants. The Company will not receive any proceeds from the resale but could receive proceeds if the warrants are exercised. The stock is currently quoted on the Nasdaq Capital Market under the symbol TRNR. The document outlines various risk factors, the company’s business model focusing on innovative fitness equipment, and details regarding its corporate operations, including loans and investments related to the acquisition of Sportstech Brands Holding GmbH.

Form Type: S-1/A

Filing Date: 2025-02-12

Corporate Action: Ipo

Type: Update

Accession Number: 000095017025018846

Filing Summary: Interactive Strength, Inc. has filed an amendment to its registration statement on Form S-1/A with the SEC, indicating progress in its IPO process. This filing reflects updates on the company’s financial metrics, adjustments to its equity incentive plans, and disclosures relating to preferred stock conversions. The document outlines the terms and conditions under which the preferred stock may be converted into common stock, and includes updates on the company’s research and development expenditures, showcasing its evolving financial strategy. Additionally, the amendment provides insights into the corporate structure, including related party transactions and details on various convertible notes arrangements. This is a crucial step in aligning the company’s registration documentation with current market and financial conditions ahead of its public offering.

Form Type: S-1

Filing Date: 2025-02-07

Corporate Action: Ipo

Type: New

Accession Number: 000095017025016443

Filing Summary: Interactive Strength, Inc. filed a Form S-1 registration statement with the SEC in preparation for an initial public offering (IPO). The document details the company's business strategy, financials, and market potential. The offering includes equity interests, specifically various series of preferred stock and common stock. The company aims to raise capital to fund its operations and growth, with a detailed overview of its past financing rounds, including notes and warrants. Key financial metrics and the intended use of the proceeds from the offering are outlined, along with risk factors associated with investing in the company. The S-1 also discusses the company's competitive position and market demand for its products and services, reaffirming its commitment to innovation and shareholder value.