Every material Form 8-K Interactive Strength, Inc. has filed with the SEC since July 09, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On September 30, 2026, Interactive Strength exchanged $7,685,090 of outstanding convertible note obligations for 768,509 shares of newly designated Series R Convertible Preferred Stock, and the notes were cancelled. On October 1, 2026, subsidiary Wattbike refinanced its working capital facility with up to £1,375,000 (about $1,825,200) of new term, invoice discounting and inventory financing, with lenders holding security over its assets. The Series R preferred ranks senior to common stock and is convertible into common, and the new loans include events of default that allow lenders to demand immediate repayment.
September 30, 2026: $7,685,090 of remainder notes exchanged for 768,509 Series R Preferred shares; company to reimburse holders $50,000 in legal fees
October 1, 2026: Wattbike prior facility repaid in full, with a £85,000 (about $112,800) exit fee and new financing of up to £1,375,000 (about $1,825,200)
Inventory loan facility of up to £750,000 (about $995,600) carries interest of 1.85% per month and is secured by a debenture over all Wattbike assets
Series R Preferred ranks senior to common stock; 1,619,907 common shares were outstanding as of September 30, 2026
On July 21, 2026, Interactive Strength (TRNR) issued a $2,000,000 senior secured convertible note to an accredited investor after the investor exercised Class B incremental warrants under a January 2025 purchase agreement. The investor also received warrants to buy 305,810 shares of common stock at $5.527 per share, exercisable through July 21, 2033. The filing shows added debt and potential dilution for shareholders, though the notes and warrants are subject to the conversion terms and a 4.99% or 9.99% beneficial ownership cap.
Note principal: $2,000,000, maturing July 21, 2027
Warrants for 305,810 shares, based on the July 20, 2026 closing price of $3.27
Note conversion price $3.597 per share, subject to adjustment; alternate conversion floor price $0.6148
Warrant exercise price $5.527 per share, exercisable from July 21, 2026 to July 21, 2033
Interactive Strength signed a stock purchase agreement on July 7, 2026 to acquire STEPR, Inc., a connected stair-climbing company, with consideration of cash and new Series F preferred stock whose value can be scaled down based on STEPR's future EBITDA and synergy results. In a press release filed with the 8-K, the company raised its 2026 pro forma revenue guidance to more than $50 million and expects closing in the fourth quarter of 2026.
Initial cash contribution of $1,500,000 to STEPR at closing, plus up to $1,200,000 to repay a shareholder loan and up to $2,500,000 in later working capital advances
Equity consideration at closing of $6,000,000 (Series F-1), $10,500,000 (Series F-2) and $2,500,000 (Series F-3), subject to performance-based scaling factors
Press release says STEPR is expected to generate more than $15 million in 2026 revenue and the company expects to reach Adjusted EBITDA profitability in Q4 2026
Closing expected in the fourth quarter of 2026, subject to closing conditions; indemnification deductible of $189,000 for general breaches
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Interactive Strength, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →