Interactive Strength Inc. - TRNR STOCK NEWS

Interactive Strength (TRNR), maker of CLMBR and FORME fitness equipment brands, has released an updated FAQ addressing key shareholder inquiries. The company has provided guidance of $50M in pro forma annual revenue and addressed questions regarding its planned Sportstech acquisition. The update also covers shareholder concerns about market manipulation and discusses the company's strategy regarding bitcoin as a treasury asset.

Detailed information about TRNR's strategy and the complete FAQ are available on the company's investor website, along with its investor deck and SEC filings.

Interactive Strength (TRNR) has secured a new six-figure repeat order for CLMBR from its German distributor, following an initial six-figure order fulfilled in Fall 2024. The order demonstrates strong demand in Germany, which represents the largest fitness market outside the United States.

The company's strategic expansion in Germany is further strengthened by its pending acquisition of Sportstech, a market leader in the region. TRNR will showcase CLMBR at FIBO, the world's largest fitness show in Germany this April, marking their second year of participation.

The company expects significant growth opportunities in the region through multiple channels, including Sportstech's gym, equipment, and connected-fitness platform. TRNR has increased its pro forma revenue guidance to $50M following these developments.

Interactive Strength (NASDAQ:TRNR) has published a new FAQ section addressing shareholder inquiries about its recent acquisition agreement and updated financial projections. The company announced an ambitious pro forma revenue guidance of over $50M for 2025.

The maker of specialty fitness equipment under the CLMBR and FORME brands emphasized its commitment to frequent communication with shareholders regarding operational developments and addressing concerns about potential illegal short-selling activities.

The company will continue to announce material information through SEC filings, press releases, and its investor relations website at www.interactivestrengh.com, along with public conference calls and webcasts.

Interactive Strength (TRNR), maker of CLMBR and FORME fitness equipment, has released a new investor presentation detailing its binding agreement to acquire Sportstech, Germany's largest connected fitness and equipment business. The presentation outlines the company's growth strategy and highlights key aspects of the expected acquisition.

The combined company projects pro forma revenues exceeding $50M in 2025. The presentation also emphasizes Sportstech's EBITDA earn-out thresholds. Detailed information about the acquisition's rationale and structure is available in TRNR's investor presentation and SEC filings.

Interactive Strength Inc. (NASDAQ:TRNR), manufacturer of specialty fitness equipment under the CLMBR and FORME brands, provided a shareholder update following CEO Trent Ward's appearance at the 2025 Connected: Health & Fitness Summit. During a fireside chat, Ward, along with Ali Ahmad and Mohammed Iqbal, discussed industry tailwinds and opportunities in the fragmented health and wellness market. The company referenced additional details about an acquisition available through their investor website and SEC filings.

Interactive Strength (NASDAQ:TRNR) has signed a binding agreement to acquire Sportstech, Germany's largest connected fitness equipment company. The acquisition, expected to close by April 1, 2025, will create a scaled international operation in the US and German markets.

Key highlights of the deal:

• TRNR projects over $50M in revenue for 2025 and expects to achieve EBITDA profitability in H2 2025
• Sportstech has served nearly 3 million customers since 2012, achieving profitability without external capital
• The deal represents TRNR's second acquisition within 12 months
• The combined entity will leverage TRNR's Nasdaq listing and global presence to accelerate Sportstech's growth, particularly in the US market

The acquisition aligns with TRNR's strategy of building shareholder value through accretive acquisitions in the fragmented global health & wellness market.

Interactive Strength Inc. (NASDAQ: TRNR), manufacturer of CLMBR and FORME fitness equipment, announced its participation in the Connected Health & Fitness Summit in Los Angeles from February 11-13, 2025. During the event, CEO Trent Ward will engage in a fireside chat with Sweatworks' Mohammed Iqbal, where the company plans to discuss its 2025 strategic plans and provide updates on a potential acquisition initially disclosed in December 2024.

Interactive Strength (TRNR), maker of CLMBR and FORME fitness equipment, has secured $2.9 million in working capital through a senior secured convertible note agreement with an institutional investor. The note features a fixed conversion price above market rate and includes various warrants, with maturity set for January 2028.

The institutional investor expressed support for TRNR's M&A strategy, particularly regarding the company's previously announced Letter of Intent to acquire a $40 million connected fitness and exercise equipment business. TRNR reports making progress on finalizing this definitive agreement and notes that the new funding will support both this potential acquisition and other opportunities.

Interactive Strength Inc. (TRNR), a manufacturer of specialty fitness equipment under the CLMBR and FORME brands, has announced the release of a shareholder update for 2024 and outlook for 2025. The update has been made available on the company's investor website.