Interactive Strength, Inc. 8-K
Research Summary
AI-generated summary
Interactive Strength Inc. Increases ATM Offering Capacity to $2.608M
What Happened
Interactive Strength, Inc. (TRNR) announced on January 23, 2026 that it increased the maximum aggregate offering price of shares issuable under its At The Market (ATM) Sales Agreement with H.C. Wainwright & Co. LLC to $2,608,000 and filed a prospectus supplement reflecting that increase. The shares will be issued under the company’s shelf registration statement on Form S-3 (File No. 333-288405), which was declared effective September 22, 2025. The filing includes a legal opinion covering the $2,608,000 of shares (Exhibit 5.1).
Key Details
- Date of change: January 23, 2026.
- New maximum ATM capacity: $2,608,000 (prospectus supplement filed).
- Recent sales under the agreement: ~$1,646,532 sold in the last 12 months under General Instruction I.B.6 of Form S-3; ~$10,459,000 sold under the Sales Agreement in aggregate.
- Placement agent: H.C. Wainwright & Co. LLC; Sales Agreement dated May 17, 2024. Shelf registration: Form S-3 (File No. 333-288405).
Why It Matters
By increasing its ATM capacity, Interactive Strength gives itself greater flexibility to raise capital by selling common stock into the market over time. For investors, future ATM sales could dilute existing shares if the company elects to sell the new allotment; however, this filing does not indicate any immediate sales or proceeds. Watch future 8-Ks or SEC filings for actual ATM sales, timing, and use of proceeds.