Interactive Strength (TRNR) announced that Sportstech Brands has repaid its outstanding loan obligations and resolved the related legal proceedings. Under the terms of the settlement, Sportstech paid TRNR $6.4 million, representing full recovery of the $5.0 million loan principal plus interest and expense reimbursement, covering all transaction expenses and generating a return on the working capital loan. As a result, TRNR will withdraw its lawsuits and cancel the public auction of pledged Sportstech shares scheduled for March 11, 2026. The settlement resolves all claims arising from the January 2025 and May 2025 loan agreements between TRNR and Sportstech, including the Share Pledge Agreement of 100% of Sportstech Brands Holding GmbH shares. The $6.4 million settlement has already been received by TRNR. TRNR now retains no ownership interest in or involvement with Sportstech.
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