Interactive strength inc. (nasdaq:trnr) raises $2.9 million from new institutional investor

Austin, texas / access newswire / february 4, 2025 / interactive strength inc. (nasdaq:trnr) ("trnr" or the "company"), maker of innovative specialty fitness equipment under the clmbr and forme brands, today announced that it had entered into a definitive purchase agreement with an institutional investor to raise $2.9m in working capital through the sale of a senior secured convertible note with a fixed conversion price at a premium to the market price as well as various warrants. the note has a maturity date in january 2028.
TRNR Ratings Summary
TRNR Quant Ranking