Interactive Strength boosts ATM capacity to $6.06M
Interactive Strength Inc. amends its prospectus supplement to increase the amount available under its at-the-market sales agreement with H.C.
Rhea-AI Filing Summary
Interactive Strength Inc. amends its prospectus supplement to increase the amount available under its at-the-market sales agreement with H.C. Wainwright & Co. to an aggregate offering price of $6,057,000.
The supplement reflects a 1-for-10 reverse stock split effected on February 24, 2026, reports sales of Common Stock totaling $1,673,180 from January 23, 2026 through March 6, 2026 under the Sales Agreement, and states 2,034,385 shares outstanding as of March 6, 2026. The company reports a public float of $23,191,875 based on a price of $11.40 per share as of January 7, 2026.
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Insights
Raises ATM capacity to fund operations; recent ATM sales shown.
The company increased its at-the-market (ATM) capacity to an aggregate offering price of $6,057,000, as stated in the prospectus supplement. The ATM program is being conducted through H.C. Wainwright & Co. under the Sales Agreement dated May 17, 2024.
The filing discloses $1,673,180 of sales from January 23, 2026 through March 6, 2026. Timing and exact amounts of future sales depend on the company’s decisions and market conditions; the supplement does not specify planned pacing or use of proceeds.
Reverse split and public-float calculation are restated for registration limits.
The prospectus supplement reflects a 1-for-10 reverse stock split effective February 24, 2026 and uses a public float of $23,191,875 calculated under General Instruction I.B.6 of Form S-3. The filing notes the one-third public-float limit for primary offerings while public float remains below $75.0 million.
Investors can infer the company is preserving ATM capacity; the filing does not provide details on proceeds allocation or a schedule for future sales.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What offering amount did Interactive Strength Inc. (TRNR) register in this supplement?
How much Common Stock has TRNR sold under the Sales Agreement recently?
Who is acting as sales agent for TRNR's at-the-market offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.