Interactive Strength Inc. Announces Unregistered Sale of Convertible Notes in Private Placement

Reuters
2025.12.12 21:31
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Interactive Strength Inc. announced the exchange of its June 2025 senior secured convertible exchangeable notes in a private placement. The company sold $55,555,555 in notes for $50 million to affiliates of ATW Partners and DWF Labs. These notes are convertible into common stock or exchangeable for utility tokens on the Fetch.ai network. The unregistered offering was conducted under exemptions from the Securities Act, with purchasers being accredited investors.