TRNR Updates FAQ's & Investor Deck Following Ergatta Closing and Increased Guidance to more than $30 Million in 2026 Pro Forma Revenue

Rhea-AI Summary

Interactive Strength (Nasdaq:TRNR) updated its FAQs and investor deck after completing the acquisition of Ergatta and raised 2026 pro forma revenue guidance to more than $30 million.

The company closed the Ergatta transaction timely and urges shareholders to review the updated materials for details and implications.

Positive

• Closed acquisition of Ergatta, completing a material transaction
• Raised 2026 pro forma revenue guidance to more than $30 million

Negative

• None.

Key Figures

2026 pro forma revenue guidance: more than $30 million 2024 revenue: $5.4 million ATM program capacity: $6,057,000 +5 more

8 metrics

2026 pro forma revenue guidance more than $30 million Company guidance referenced in Ergatta acquisition and FAQ/deck updates

2024 revenue $5.4 million Full-year 2024 revenue from ATM prospectus supplement

ATM program capacity $6,057,000 Maximum aggregate offering price under at-the-market program (March 6, 2026 8-K)

ATM shares sold last 12 months $1,673,180 Aggregate sales under ATM in last 12 months (March 6, 2026 8-K)

Reverse stock split ratio 1-for-10 Reverse split effective February 23–24, 2026

Sportstech settlement cash $6.4 million Cash received resolving Sportstech dispute (March 5, 2026 8-K)

Loan principal recovered $5.0 million Principal component of Sportstech loan recovery (March 5, 2026 8-K)

Shares outstanding 2,034,385 shares Common shares outstanding as of March 6, 2026 (424B5 filing)

Market Reality Check

Price: $1.53 Vol: Volume 71,415 is about 97...

low vol

$1.53 Last Close

Volume Volume 71,415 is about 97% below the 20-day average of 2,078,220, indicating very light trading ahead of/around this update. low

Technical Shares at $1.53 are trading roughly 95% below the $32.61 200-day moving average and 99.09% below the 52-week high.

Peers on Argus

TRNR was down about 3.16% while peers were mixed: MRM and IVP declined, but CLIK...

1 Down

TRNR was down about 3.16% while peers were mixed: MRM and IVP declined, but CLIK and EJH rose and YYGH showed a double-digit drop. Only 1 peer appeared in momentum scans, suggesting stock-specific dynamics around TRNR’s Ergatta-related guidance update.

Historical Context

5 past events · Latest: Mar 11 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 11	Ergatta acquisition close	Positive	+0.6%	Closed Ergatta deal and reiterated >$30m 2026 pro forma revenue guidance.
Mar 05	FAQ update	Positive	+0.0%	Updated FAQs after full loan recovery and successful Sportstech settlement.
Mar 04	Sportstech settlement	Positive	+18.5%	Announced $6.4m Sportstech settlement recovering loan principal plus interest.
Feb 24	Court victory	Positive	+5.0%	Berlin court dismissed Sportstech claims and confirmed legality of planned auction.
Feb 24	Commercial update	Positive	+5.0%	Outlined FORME and Wattbike commercial initiatives in golf and college verticals.

Pattern Detected

Recent TRNR news tied to Ergatta and Sportstech resolutions has generally seen flat-to-positive price reactions, with the Sportstech settlement drawing the strongest move.

Recent Company History

Over the last few weeks, Interactive Strength has executed several key steps supporting its connected fitness strategy. It agreed to acquire Ergatta, targeting more than $30 million in 2026 pro forma revenue, and then closed that deal while reiterating the guidance. In parallel, TRNR resolved litigation with Sportstech, recovering $6.4 million and canceling a planned auction, after a decisive Berlin court win. The company also highlighted commercial synergies across FORME and Wattbike. Today’s FAQ and deck update ties directly into this Ergatta and Sportstech-driven repositioning.

Regulatory & Risk Context

Active S-3 Shelf · $9,521.35

Shelf Active

Active S-3 Shelf Registration 2026-01-16

$9,521.35 registered capacity

TRNR has an effective Form S-3/A shelf registration filed on 2026-01-16, used via at-the-market prospectus supplements on 2026-01-23 and 2026-03-06. The amendment itself mainly adds an auditor consent and outlines offering expenses, including an SEC registration fee of $9,521.35, and standard indemnification and updating undertakings under the Securities Act.

Market Pulse Summary

This announcement confirms timely closing of the Ergatta acquisition and reiterates 2026 pro forma r...

Analysis

This announcement confirms timely closing of the Ergatta acquisition and reiterates 2026 pro forma revenue guidance of more than $30 million, consistent with recent filings and prior updates. It follows full loan recovery and a $6.4 million Sportstech settlement, plus capital-raising flexibility via an active Form S-3/A and at-the-market programs. Investors may watch how integration of Ergatta, recurring subscription growth, and any further equity issuance affect revenue progression from $5.4 million in 2024.

Key Terms

at-the-market offering, reverse stock split, convertible preferred stock, conversion price, +4 more

8 terms

at-the-market offering financial

"launching an at-the-market offering of its common stock, allowing sales of up to"

An at-the-market offering is a method companies use to sell new shares of stock directly into the open market over time, rather than all at once. This allows them to raise money gradually, similar to selling small pieces of a product instead of a large batch. For investors, it means the company can access funding more flexibly, but it may also increase the supply of shares and influence the stock’s price.

reverse stock split financial

"approved a 1-for-10 reverse stock split of its common stock, reducing issued"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

convertible preferred stock financial

"created three new series of convertible preferred stock as part of its capital"

Convertible preferred stock is a special class of company shares that pays priority, usually fixed, payments to holders and can be exchanged later for a set number of common shares. It matters to investors because it combines steady income and added protection with the chance to share in a company’s upside; think of it as a hybrid between a bond that pays regularly and an option to convert into growth-oriented stock, where the conversion rules influence both potential gains and how much common shareholders’ ownership may be reduced.

conversion price financial

"based on a formula using an Original Issue Price of $2.00 per share, a defined Conversion Price,"

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

public float financial

"The company reports a public float of $23,191,875 based on a price of"

Public float is the total number of a company's shares that are available for trading by the general public. It excludes shares held by company insiders or large stakeholders who are unlikely to sell them easily. This figure helps investors understand how much of the company's stock is actively available, which can influence its liquidity and how easily its price might change.

warrants financial

"notes with $558,687 principal and warrants for 681,160 shares was issued,"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

form s-3 regulatory

"registration statement on Form S-3 as an exhibit-only update. The company states"

Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.

regulation d regulatory

"These securities were issued as unregistered offerings under Section 4(a)(2) and Rule 506 of Regulation D."

Regulation D is a set of rules that govern how companies can raise money from investors without going through the full process required for public stock offerings. It provides simplified options for private placements, making it easier for companies to seek investments from a smaller group of investors. For investors, it offers opportunities to invest in private companies, often with fewer restrictions, but also with different levels of risk and disclosure.

AI-generated analysis. Not financial advice.

AUSTIN, TX / ACCESS Newswire / March 13, 2026 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, and recent acquirer of Ergatta, today announced it had updated its FAQs and Investor Deck in connection with the timely closing of its acquisition of Ergatta and confirmed its increased guidance to more than $30 million in 2026 pro forma revenue. The Company urges all shareholders to review the information and updates carefully.

TRNR Investor Contact

ir@interactivestrength.com

About Interactive Strength Inc.:

Interactive Strength Inc. (Nasdaq:TRNR) has established a leading portfolio of premium fitness brands - Wattbike, CLMBR, and FORME - that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.

Wattbike offers a range of high-performance indoor bikes that set the global standard in cycling. Known for unmatched accuracy, realistic ride feel, and advanced performance tracking, Wattbike is trusted by elite athletes, national teams, and fitness enthusiasts around the world.

CLMBR redefines the next-generation vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout that's both efficient and effective.

FORME delivers strength, mobility, and recovery training through immersive content, performance-grade hardware, and expert coaching. Its wall-mounted systems include the Studio, a smart fitness mirror for guided programming and live 1:1 personal training, and the Lift, which adds smart resistance cable training-ideal for high-performance environments and sport-specific development.

From elite performance to everyday wellness, our ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.

Forward Looking Statements:

This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: market and other conditions, demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.

SOURCE: Interactive Strength Inc.

View the original press release on ACCESS Newswire

FAQ

What did TRNR announce on March 13, 2026 about Ergatta and 2026 revenue guidance?

TRNR announced the timely closing of its Ergatta acquisition and increased 2026 pro forma revenue guidance to more than $30 million. According to the company, updated FAQs and an investor deck reflect the transaction and the revised revenue projection for 2026.

How does the Ergatta acquisition affect TRNR's public materials and investor communications?

TRNR updated its FAQs and investor deck to reflect the Ergatta acquisition and guidance change. According to the company, the materials provide transaction details and revised financial outlook for shareholders to review ahead of 2026.

What is the significance of TRNR's more than $30 million 2026 pro forma revenue guidance?

The guidance signals an upward revenue outlook for TRNR in 2026, now set above $30 million pro forma. According to the company, this figure incorporates the recent Ergatta acquisition and appears in the revised investor deck and FAQs.

Where can TRNR shareholders find the updated investor deck and FAQs after the Ergatta closing?

Shareholders can access the updated investor deck and FAQs through TRNR's investor communications channels as directed by the company. According to TRNR, the new materials were posted in connection with the timely closing of the Ergatta acquisition on March 13, 2026.

Does the TRNR announcement on March 13, 2026 confirm the acquisition timing and next steps for investors?

Yes, TRNR confirmed the Ergatta acquisition closed timely and urged shareholders to review updated materials for next steps. According to the company, the FAQs and investor deck explain the transaction details and the revised pro forma 2026 revenue outlook.