FORME (TRNR) Prices 2.84M Share Offering at $1.41/sh

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Go back to FORME (TRNR) Prices 2.84M Share Offering at $1.41/sh

Interactive Strength Inc. (Nasdaq: TRNR) Announces Pricing of $4 Million Public Offering

July 1, 2024 9:30 AM EDT

AUSTIN, TX - (NewMediaWire) - July 1, 2024 - Interactive Strength Inc. (NASDAQ: TRNR) (Interactive Strength or the Company), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced the pricing of a public offering of an aggregate of 2,836,880 shares of its common stock (or common stock equivalents in lieu thereof), Series A-1 warrants to purchase up to 2,836,880 shares of common stock and Series A-2 warrants to purchase up to 2,836,880 shares of common stock (all the warrants, collectively, the "Series Warrants"), at a combined public offering price of $1.41 per share (or per... More