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An update from Interactive Strength Inc ( (TRNR) ) is now available.
Interactive Strength Inc. completed the acquisition of Wattbike (Holdings) Limited on July 1, 2025, by purchasing all issued shares and loan notes. The transaction involved exchanging Wattbike shares for £1.00 and issuing 1,300,000 shares of Series E Convertible Preferred Stock to the noteholders, with potential additional consideration based on milestone achievements.
Spark’s Take on TRNR Stock
According to Spark, TipRanks’ AI Analyst, TRNR is a Neutral.
The stock score reflects a balance of significant financial risks and strategic opportunities. While there are promising developments in corporate strategy and revenue growth, substantial operational and financial challenges remain. The technical outlook is neutral, and valuation concerns further weigh on the overall score.
To see Spark’s full report on TRNR stock, click here.
More about Interactive Strength Inc
Average Trading Volume: 469,865
Technical Sentiment Signal: Sell
Current Market Cap: $9.2M
See more data about TRNR stock on TipRanks’ Stock Analysis page.