{"filing":{"accession_number":"0001193125-26-316159","cik":"0001785056","ticker":"TRNR","company_name":"Interactive Strength, Inc.","form":"8-K","filing_date":"2026-07-24","report_date":"2026-07-21","primary_document":"trnr-20260721.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1785056/000119312526316159/trnr-20260721.htm"},"events":[{"id":20486,"run_id":18438,"accession_number":"0001193125-26-316159","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Interactive Strength exercised Class B Incremental Warrants resulting in the issuance of a $2,000,000 convertible note and 305,810 common stock warrants with favorable conversion terms (110% uplift, alternate conversion at 85% of VWAP in default) and low conversion prices ($3.597 and $5.527 per share), representing a material dilutive capital raise through an unregistered private placement under Section 4(a)(2) and Regulation D.","company_name":"Interactive Strength, Inc.","ticker":"TRNR","filing_date":"2026-07-24","form":"8-K","submitted_at":null,"items":[{"id":19854,"accession_number":"0001193125-26-316159","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses the exercise of Class B Incremental Warrants resulting in issuance of a $2,000,000 convertible note and 305,810 common stock warrants. While technically a warrant exercise under an existing agreement, the substance is a dilutive capital raise through convertible securities and warrants with low conversion prices ($3.597 and $5.527 per share) and favorable conversion terms (110% uplift, alternate conversion at 85% of VWAP in default). This represents material dilution to existing shareholders and is characteristic of a dilutive issuance transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T20:32:22.102912+00:00","company_name":"","ticker":null,"filing_date":""},{"id":19855,"accession_number":"0001193125-26-316159","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The disclosure references a \"Class B Incremental Note\" incorporated from Item 1.01, indicating issuance of a new debt instrument. This is a material financial obligation requiring 8-K disclosure under Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T20:32:22.102912+00:00","company_name":"","ticker":null,"filing_date":""},{"id":19856,"accession_number":"0001193125-26-316159","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of equity securities under Item 3.02, specifically a \"July 2026 Class B Incremental Note\" and \"Class B Incremental Common Warrants\" offered pursuant to Section 4(a)(2) and Regulation D. The securities include conversion shares and warrant shares that will dilute existing shareholders. This is a classic private placement of convertible debt and warrants, which are hallmark dilutive issuances.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T20:32:22.102912+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":19854,"accession_number":"0001193125-26-316159","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses the exercise of Class B Incremental Warrants resulting in issuance of a $2,000,000 convertible note and 305,810 common stock warrants. While technically a warrant exercise under an existing agreement, the substance is a dilutive capital raise through convertible securities and warrants with low conversion prices ($3.597 and $5.527 per share) and favorable conversion terms (110% uplift, alternate conversion at 85% of VWAP in default). This represents material dilution to existing shareholders and is characteristic of a dilutive issuance transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T20:32:22.102912+00:00","company_name":"Interactive Strength, Inc.","ticker":"TRNR","filing_date":"2026-07-24"},{"id":19855,"accession_number":"0001193125-26-316159","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The disclosure references a \"Class B Incremental Note\" incorporated from Item 1.01, indicating issuance of a new debt instrument. This is a material financial obligation requiring 8-K disclosure under Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T20:32:22.102912+00:00","company_name":"Interactive Strength, Inc.","ticker":"TRNR","filing_date":"2026-07-24"},{"id":19856,"accession_number":"0001193125-26-316159","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of equity securities under Item 3.02, specifically a \"July 2026 Class B Incremental Note\" and \"Class B Incremental Common Warrants\" offered pursuant to Section 4(a)(2) and Regulation D. The securities include conversion shares and warrant shares that will dilute existing shareholders. This is a classic private placement of convertible debt and warrants, which are hallmark dilutive issuances.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-24T20:32:22.102912+00:00","company_name":"Interactive Strength, Inc.","ticker":"TRNR","filing_date":"2026-07-24"}]}
