Interactive Strength Inc. - Common Stock (TRNR)

Company Delivers Quarterly Revenue of $2.4 Million as Projected or $5.4 Million for full-year 2024

Partnership Raises FORME's Visibility with Affluent Customers, Highlights Brand's Seamless Integration into Premium Hospitality and Travel Environments

Company Executes Against M&A Plan, Reiterates $50M+ Pro Forma Guidance, Additional $15M+ Revenue Deal that is expected to increase guidance; Institutional Investor Backing, Exclusive Distribution Agreements & Repeat Sales

Installation Coincides with Previously Announced TRNR Presence at HFA 2025, Adds to Growing US & International Presence of Fast-Growing Company

Latest investment follows previously-announced investment in TRNR of $2.9M, reflecting investor's increased enthusiasm for Company's growth and acquisition strategy, including last week's Letter of Intent

Target earned more than $15M in revenue in 2024 and TRNR expects to improve target's profitability materially through potential operating synergies

The United Kingdom is the world's 3rd largest fitness market

Latest purchase confirms significant demand for CLMBR in Germany, quickly following on the initial order that was fulfilled in the Fall of 2024

Company Encourages Shareholders to Sign Up for Direct Email Updates

TRNR details $50M pro forma annual revenue guidance, rationale of expected Sportstech acquisition, comments on market manipulation concerns and bitcoin as a Treasury asset

Enveric Biosciences (NASDAQ: ENVB) Secures Patent for EVM401 Series, Advancing Neuropsychiatric Treatments Small-cap biotech stocks continue to push boundaries, with Enveric Biosciences (NASDAQ: ENVB) securing U.S. Patent No. 12,195,439 for its EVM401 Series, a novel class of non-hallucinogenic mescaline derivatives designed for addiction and neuropsychiatric disorders . This milestone solidifies Enveric’s standing in the neuroplastogen therapeutics sector, a rapidly emerging field within mental health treatment. The EVM401 compounds exhibit unique brain receptor modulation, potentially offering new alternatives for patients with limited therapeutic options.

New Investor Presentation on Growth Strategy and Expected Sportstech Acquisition

Trent Ward, Ali Ahmad and Mohammed Iqbal Unpack Tailwinds and Major Opportunities in Fragmented Health & Wellness Market During Fireside Chat

TRNR is expected to generate more than $50M in revenue in 2025 on a pro forma basis and achieve EBITDA profitability in H2 ‘25

The Board of Directors approved a maximum cumulative Bitcoin purchase of up to $5 million

Net Loss and Earnings per Diluted Share of $7.1 million and $1.53

CEO Trent Ward is holding a Fireside Chat with Sweatworks' Mohammed Iqbal at the Connected Health & Fitness Summit on February 11 and his Remarks Will Include Latest News on Planned Acquisition

AUSTIN, TEXAS / ACCESS Newswire / February 4, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that it had entered into a definitive purchase agreement with an institutional investor to raise $2.9M in working capital through the sale of a senior secured convertible note with a fixed conversion price at a premium to the market price as well as various warrants. The note has a maturity date in January 2028.

AUSTIN, TEXAS / ACCESSWIRE / December 23, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced it had issued a shareholder update for 2024, and look ahead for 2025, available on the Company's investor website.

Three-Year Agreement Expected to Generate more than $0.5million in Revenue, and Covers France and French Regions

Exclusive Non-Binding Letter of Intent signed with Target that has more than $40 million in revenue and positive EBITDA in 100% equity consideration transaction

AUSTIN, TX / ACCESSWIRE / December 10, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company received a letter from the Staff at Nasdaq Listings Qualifications stating that the Company has regained compliance with Listing Rule 5550(a)(2), which specifies rules regarding a minimum bid price of $1.00.

AUSTIN, TX / ACCESSWIRE / November 27, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company received a letter confirming demonstrated compliance with Listing Rule 5550(b)(1) of The Nasdaq Stock Market, which successfully concludes the Hearings Panel appeal process that began in May.

Armah Sports Group is a leading operator in Saudi Arabia, with twelve locations across two brands and additional concepts in development

The Atheltic Business Show features Military and College/High School buyers, which represent some of the biggest customer segments in the fitness equipment industry