# Interactive Strength, Inc. (TRNR) — restructuring/exchange_offer [announced]
Source: sec.gov · situation sit_bba6a180852879b9659a · public 3370889432068572938 · retrieved 2026-08-19T12:11:58.911Z

## Overview
Interactive Strength, Inc. is an electronic and electrical equipment manufacturer based in Austin, Texas.

Interactive Strength Inc. entered into Exchange Agreements on August 10 and August 12, 2026, with multiple holders to convert Series A Convertible Preferred Stock and promissory notes into common stock. On August 10, DWF Ventures, Ltd exchanged $537,000 of principal on a note for 150,000 common shares at $3.58 per share. On August 12, THLWY LLC exchanged 25,560 Series A Preferred shares for 15,000 common shares at $3.42 per share; two other holders each exchanged 12,825 Series A Preferred shares for 7,500 common shares at $3.42 per share; and Woodway (USA) Inc. exchanged $85,500 of promissory note principal for 25,000 common shares at $3.42 per share. In aggregate, the Company issued 205,000 common shares under Section 3(a)(9) of the Securities Act, with the Exchange Shares bearing restrictive legends.

## Terms
- Consideration: mixed · Price/share: $3.42

## Key dates
- Announced 2026-08-14

## Timeline
- 2026-08-14 · 8-K (0001193125-26-352422): 8-K - Interactive Strength, Inc. — *Interactive Strength, Inc. is an electronic and electrical equipment manufacturer based in Austin, Texas.* Interactive Strength Inc. entered into Exchange Agreements on August 10 and August 12, 2026, with multiple holders to convert Series A Convertible Preferred Stock and promissory notes into common stock. On August 10, DWF Ventures, Ltd exchanged $537,000 of principal on a note for 150,000 common shares at $3.58 per share. On August 12, THLWY LLC exchanged 25,560 Series A Preferred shares for 15,000 common shares at $3.42 per share; two other holders each exchanged 12,825 Series A Preferred shares for 7,500 common shares at $3.42 per share; and Woodway (USA) Inc. exchanged $85,500 of promissory note principal for 25,000 common shares at $3.42 per share. In aggregate, the Company issued 205,000 common shares under Section 3(a)(9) of the Securities Act, with the Exchange Shares bearing restrictive legends.
  https://www.sec.gov/Archives/edgar/data/1785056/0001193125-26-352422.txt

## Citations
- 0001193125-26-352422 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526352422