Interactive Strength (TRNR) announced that the previously-announced institutional investor has exercised its option to invest an additional $3.6M into the Company through the purchase of senior secured convertible notes, with a fixed conversion price at a 30% premium to the yesterday’s closing, as well as plain-vanilla common warrants. The note has a maturity date in March 2028.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRNR: