Interactive StrengthNASDAQ: TRNR

The Board of Directors approved a maximum cumulative Bitcoin purchase of up to $5 million The Company plans to accept payment in digital currencies AUSTIN, TX / ACCESSWIRE / November 21, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company's Board of Directors approved the purchase of up to $5 million in Bitcoin as limited by 25% of the Company's average daily cash holdings over the three preceding calendar months. Trent Ward, Co-Founder and CEO of TRNR, said: "As Bitcoin continues to grow, gaining investor attention and acceptance as a major and primary asset class, we believe that Bitcoin will serve as a strong treasury reserve asset.

Net Loss and Earnings per Diluted Share of $7.1 million and $1.53 Adjusted EBITDA was a $2.3 million loss, a $1.0 million improvement versus third quarter of 2023 The Company achieved third quarter revenue guidance of $2.0 million, a growth of 325% versus second quarter of 2024 The Company expects to generate $2.4 million in revenue in the fourth quarter of 2024 Stockholders' Equity was $5.8 million at the end of the third quarter of 2024 AUSTIN, TX / ACCESSWIRE / November 14, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced its financial results for the third quarter of 2024. The Company incurred a net loss of $7.1 million for the third quarter of 2024, or a loss of $1.53 per diluted share, as compared with a net loss of $10.4 million, or a loss of $29.35 per diluted share for the same period in 2023.

Split Becomes Effective Monday, November 11, 2024 Shareholder- and Board-Approved Action Reduces Shares Outstanding to 313,235 from 31 Million, Ensures Continued Compliance with Nasdaq Listing Requirements AUSTIN, TX / ACCESSWIRE / November 7, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-100. The reverse stock split will become effective on November 11, 2024, and the Company's common stock will begin trading on a post-split basis at the market open on November 11, 2024, under the Company's existing trading symbol "TRNR", with the new CUSIP number, 45840Y302.

Titleist Performance Institute (TPI) is the world's leading educational organization for how the human body functions in relation to the golf swing 48 of the top 50 PGA Tour professionals coached by a TPI certified coach The golf performance market is growing quickly and the FORME Lift is a ‘plug and play golf performance center' AUSTIN, TX / ACCESSWIRE / October 25, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company will be exhibiting the FORME Lift at the Titleist Performance Institute Summit on October 25-27 in Orlando, Florida. FORME is expanding its presence in the golf performance market, which is large and growing quickly.

CLMBR is being featured in Chuze Fitness's Fit Lab, its premium smaller group training concept located inside Chuze Fitness locations Chuze Fitness is expected to install multiple CLMBRs in each of four locations during the fourth quarter and there is potential for installations in 60 locations Chuze Fitness is growing quickly, having increased its locations from 44 to 60 in the past two years AUSTIN, TX / ACCESSWIRE / October 10, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that Chuze Fitness has ordered multiple CLMBRs to install in four pilot locations out of the brand's 60 total locations. Trent Ward, Co-Founder and CEO of TRNR, said: "Chuze is one of the fastest growing health club chains in the US, having grown from 44 locations to 60 locations over the past two years.

The medical channel, and specifically physical therapy, is a new channel for FORME WOODWAY has been in the medical channel for decades and has dedicated sales representatives with long-term relationships Rehabilitation sessions can be reimbursed by insurance and there can be a compelling return on investment for installing a FORME Lift in a practice AUSTIN, TX / ACCESSWIRE / October 8, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company will be exhibiting FORME at the APTA Private Practice Annual Conference on October 9-12 in National Harbor, MD. FORME is entering the medical channel for the first time and the market is large and growing.

The Health and Fitness Summit is hosted by MEFITPRO, the leading distributor of best-in-class brands in the Gulf region Gulf countries (the "GCC") are growing quickly and fitness adoption is outpacing GDP growth MEFITPRO distributes CLMBR exclusively in the region and received its six-figure initial order in the third quarter AUSTIN, TX / ACCESSWIRE / October 1, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that both of the Company's brands (CLMBR and FORME) will be exhibited at the MEFIT Health and Fitness Summit in Dubai on October 3-5. MEFIT Health and Fitness Summit is in its 21st year and is the annual gathering for Gulf region health and fitness leaders to discover the latest equipment, products and services.

PrimaFit, based in Jakarta, is the leading distributor of best-in-class brands in Indonesia and will represent CLMBR exclusively Indonesia is the largest economy in the region and is a G20 country with high GDP growth PrimaFit received its initial order in July and placed a larger second order in September that combined is almost six-figures AUSTIN, TX / ACCESSWIRE / September 26, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that, it has secured exclusive distribution and received two orders in the third quarter for CLMBR in the fast-growing Indonesia with PrimaFit, the leading distributor of best-in-class brands in the country. Trent Ward, Co-Founder and CEO of TRNR, said: "Indonesia is a very fast-growing economy that is already in the G20 and is expected to continue to climb in world rankings of large economies.

RSG Group owns Gold's Gym, McFIT, John Reed among other brands There are more than 900 locations in the group AUSTIN, TX / ACCESSWIRE / September 12, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that CLMBR has secured Global Vendor Status with RSG Group, owner of Gold's Gym, McFit, John Reed and other brands that represent more than 900 locations. Trent Ward, Co-Founder and CEO of TRNR, said: "RSG Group is one of the biggest and most innovative fitness center owners in the world and we are very proud of CLMBR's recognition as one of the Global Vendors.