Interactive Strength Files 8-K with Corporate Updates

Ticker: TRNR · Form: 8-K · Filed: Jul 10, 2024 · CIK: 1785056

Interactive Strength, Inc. 8-K Filing Summary
FieldDetail
CompanyInteractive Strength, Inc. (TRNR)
Form Type8-K
Filed DateJul 10, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.0001, $1.00
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, filing-update

TL;DR

Interactive Strength filed an 8-K on July 3rd for corporate changes & financials. Keep an eye on this.

AI Summary

Interactive Strength, Inc. filed an 8-K on July 10, 2024, reporting an event that occurred on July 3, 2024. The filing indicates changes to its Articles of Incorporation or Bylaws, and also includes financial statements and exhibits. The company's principal executive offices are located at 1005 Congress Avenue, Suite 925, Austin, Texas.

Why It Matters

This 8-K filing signals potential changes in the corporate structure or governance of Interactive Strength, Inc., which could impact its operational direction and shareholder value.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure and does not immediately indicate significant financial distress or operational disruption.

Key Players & Entities

  • Interactive Strength, Inc. (company) — Registrant
  • July 03, 2024 (date) — Date of earliest event reported
  • July 10, 2024 (date) — Date of report
  • 1005 Congress Avenue, Suite 925, Austin, Texas 78701 (address) — Principal Executive Offices

FAQ

What specific changes were made to the Articles of Incorporation or Bylaws?

The filing does not specify the exact nature of the changes to the Articles of Incorporation or Bylaws, only that this item is being reported.

What financial statements and exhibits are included in this filing?

The filing indicates that financial statements and exhibits are included, but their specific content is not detailed in the provided text.

When did the reported event occur?

The earliest event reported occurred on July 03, 2024.

What is the company's principal executive office address?

The company's principal executive offices are located at 1005 Congress Avenue, Suite 925, Austin, Texas 78701.

What is the company's telephone number?

The company's telephone number, including area code, is 512 885-0035.

Filing Stats: 787 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-07-10 16:57:05

Key Financial Figures

  • $0.0001 — nge on which registered Common stock, $0.0001 par value per share TRNR The Nasdaq
  • $1.00 — iled to maintain a minimum bid price of $1.00 per share. On July 8, 2024, the Compa

Filing Documents

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On July 3, 2024, the Board of Directors (the "Board") of Interactive Strength Inc. (the "Company") approved and adopted an amendment to the Company's Bylaws, as amended and restated on May 2, 2023 (the "Bylaws"). The amendment became effective as of the date approved by the Board. The Board amended the Bylaws to provide that the holders of thirty three and one third percent (33 1/3%) of the Company's capital stock issued and outstanding and entitled to vote, present in person or represented by proxy, shall constitute a quorum for the transaction of business at all meetings of the stockholders. The foregoing summary is qualified in its entirety by reference to the Bylaws of the Company, as Amended and Restated by the Board of Directors on July 3, 2024, a copy of which (marked to show changes from the Company's Bylaws, as amended and restated on May 2, 2023) is attached hereto as Exhibit 3.1 and is incorporated in this Item 5.03 by reference.

01 Other Events

Item 8.01 Other Events. As previously disclosed in a Current Report on Form 8-K, filed by the Company on February 1, 2024, the Company received a deficiency letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement") because, for a period of 30 consecutive business days, the Company's common stock (the "Common Stock") failed to maintain a minimum bid price of $1.00 per share. On July 8, 2024, the Company received a letter from Nasdaq stating that the Company has regained compliance with the Minimum Bid Price Requirement by maintaining a minimum closing bid price of the Common Stock of $1.00 or greater per share for the last 14 consecutive business days, from June 14, 2024 through July 5, 2024, and that this matter is now closed.

01 Other Events

Item 8.01 Other Events. On July 10, 2024, the Company issued a press release announcing the receipt of the letter from Nasdaq stating that the Company has regained compliance with the Minimum Bid Price Requirement. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated in this Item 8.01 by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Bylaws of Interactive Strength Inc., As Amended and Restated by the Board of Directors on July 3, 2024 99.1 Press Release, dated July 10, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Interactive Strength Inc Date: July 10, 2024 By: /s/ Michael J. Madigan Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)

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