Interactive Strength Files Certificate for Preferred Stock

Interactive Strength Inc ( (TRNR) ) has shared an update.

Interactive Strength Inc. has filed a Certificate of Designation for its Series LTI Convertible Preferred Stock with the Delaware Secretary of State. This stock is designated for certain executive officers and non-executive directors and is convertible into common stock starting June 6, 2026, subject to specific conditions. The stock carries a 10% annual dividend and is not intended to be listed on any securities exchange. If shareholder approval is not obtained by June 6, 2026, the company will redeem the shares for cash.

Spark’s Take on TRNR Stock

According to Spark, TipRanks’ AI Analyst, TRNR is a Neutral.

TRNR’s overall stock score is driven primarily by its financial performance and corporate events. The company’s financial health is precarious, with significant operational losses and high leverage. The positive impact from the strategic acquisition of AI-tokens provides a boost, but the lack of profitability and traditional valuation metrics keep the overall score moderate. Technical analysis indicates a neutral stance, neither strongly positive nor negative.

To see Spark’s full report on TRNR stock, click here.

More about Interactive Strength Inc

Average Trading Volume: 2,988,329

Technical Sentiment Signal: Sell

Current Market Cap: $8.1M

For detailed information about TRNR stock, go to TipRanks’ Stock Analysis page.