Interactive Strength (TRNR) Company Overview

CEO Trent Ward is holding a Fireside Chat with Sweatworks' Mohammed Iqbal at the Connected Health & Fitness Summit on February 11 and his Remarks Will Include Latest News on Planned Acquisition AUSTIN, TX / ACCESS Newswire / February 6, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced its 2025 exhibition season will kick off with a fireside chat with Sweatworks' Mohammed Iqbal at LA's Connected Health & Fitness Summit from February 11-13, 2025, where the Company expects to discuss its 2025 plans and deliver an update on its next possible acquisition, previously announced in December 2024. For more commentary see TRNR's shareholder update on the Company's investor website.

AUSTIN, TEXAS / ACCESS Newswire / February 4, 2025 / 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 had entered into a definitive purchase agreement with an institutional investor to raise $2.9M in working capital through the sale of a senior secured convertible note with a fixed conversion price at a premium to the market price as well as various warrants. The note has a maturity date in January 2028.

Revolutionary New Offering Includes zSpace Imagine AR/VR Laptops, Interactive Software, Curriculum-Aligned Lessons, and Professional Learning to Foster Immersive Learning Experiences for Young Students Revolutionary New Offering Includes zSpace Imagine AR/VR Laptops, Interactive Software, Curriculum-Aligned Lessons, and Professional Learning to Foster Immersive Learning Experiences for Young Students

AUSTIN, TEXAS / ACCESSWIRE / December 23, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced it had issued a shareholder update for 2024, and look ahead for 2025, available on the Company's investor website. TRNR Investor Contact [email protected] TRNR Media Contact [email protected] About Interactive Strength Inc.: Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME.

Three-Year Agreement Expected to Generate more than $0.5million in Revenue, and Covers France and French Regions France is the Second-Largest Fitness Market in the EU AUSTIN, TX / ACCESSWIRE / December 18, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced it secured exclusive distribution in Metropolitan France and French Regions with French training and equipment brand Planet Fitness SAS. The three-year agreement also includes a minimum commitment of 162 CLMBR units, which is expected to generate more than $0.5 million in revenue.

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.