Interactive strength inc. (nasdaq:trnr) expects to complete wattbike acquisition imminently after receiving uk regulatory approval

Regulatory approval by the uk financial conduct authority was key requirement for transaction timing minimal conditions remain for deal completion; closing expected in july, 2025 austin, tx and nottingham, uk / access newswire / june 18, 2025 / interactive strength inc. (nasdaq:trnr) ("trnr" or the "company") today announced that it has received formal approval from the uk financial conduct authority ("fca") for its previously-announced acquisition of wattbike, the uk-based, omni-channel, connected, indoor-performance bike business, and that it expects to complete the acquisition in july, 2025. the fca's approval satisfies a key condition for the closing of the acquisition, which is expected to significantly expand interactive strength inc.'s presence in the global fitness market, particularly in the uk, and enhance its product offerings with a leading indoor-performance bike offering.
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