Interactive Strength Inc. (Nasdaq: TRNR) Strengthens Balance Sheet by Partially Converting Senior Loan to Equity and Extending the Maturity
AUSTIN, TX, April 26, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – 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 converted $3.0 million of the Company’s $8.0 million senior loan to equity and extended the maturity of the remaining loan balance to December 2024.