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Interactive Strength Inc ( (TRNR) ) has provided an update.
On June 4, 2025, Interactive Strength Inc. issued a convertible promissory note worth $725,000 to S Interactive LLC. The note, with a purchase price of $652,500 and a 10% original issue discount, matures on June 4, 2027, and accrues interest at 15% per annum. The note allows for prepayment and conversion into Series A Preferred Stock at $1.25 per share, with specific conditions for interest payments and default events.
Spark’s Take on TRNR Stock
According to Spark, TipRanks’ AI Analyst, TRNR is a Neutral.
The overall stock score of 41 reflects significant financial risks despite revenue growth. Operating losses, high leverage, and negative cash flow weigh heavily on the company’s outlook. Technical indicators provide little support, and the lack of traditional valuation metrics further limits appeal.
To see Spark’s full report on TRNR stock, click here.
More about Interactive Strength Inc
Average Trading Volume: 2,334,553
Technical Sentiment Signal: Sell
Current Market Cap: $8.82M
See more insights into TRNR stock on TipRanks’ Stock Analysis page.