tiprankstipranks

Interactive Strength Secures Additional $3.35M Loan Facility

Story Highlights
Interactive Strength Secures Additional $3.35M Loan Facility

Don’t Miss TipRanks’ Half-Year Sale

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

Interactive Strength Inc. entered into a Loan Agreement with Sportstech Brands Holding GmbH, providing a $2,250,000 loan facility, which was fully disbursed by March 12, 2025. On May 22, 2025, they amended the agreement to offer an additional $3,350,000 loan facility, with a 10% annual interest rate and a 10% discount on the principal, to be fully utilized by July 30, 2025, with an option to extend the term by five months.

Spark’s Take on TRNR Stock

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

The overall stock score of 46.75 reflects significant financial challenges, including operating losses and high leverage, despite revenue growth. Technical analysis indicates a cautious outlook with no strong momentum, while valuation metrics are poor due to lack of profitability. The absence of earnings call and corporate event data leaves these areas unassessed.

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

More about Interactive Strength Inc

Average Trading Volume: 5,082,502

Technical Sentiment Signal: Sell

Current Market Cap: $8.11M

For a thorough assessment of TRNR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1