Interactive Strength issues 205,000 unregistered shares in note, preferred stock exchanges - TRNR News | RalliesInteractive Strength issues 205,000 unregistered shares in note, preferred stock exchanges
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TRNR• Unregistered share issuances tied to debt and preferred stock exchanges
- Interactive Strength entered exchange agreements on Aug. 10 and Aug. 12, 2026, issuing 205,000 unregistered common shares.
- Shares were issued in exchange for Series A Convertible Preferred Stock or portions of promissory notes at $3.58 or $3.42 per share.
- DWF Ventures exchanged $537,000 of a Remainder Note for 150,000 shares; remaining principal balance was $4.32 million.
- Woodway (USA) exchanged $85,500 of a promissory note for 25,000 shares; remaining principal balance was $1.88 million.
- Common shares outstanding totaled 1,619,702 as of Aug. 12, 2026, following these exchanges and other unregistered issuances.
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