- Interactive Strength Inc. (NASDAQ: TRNR) updates investor FAQ, addressing shareholder interest in $15M+ Wattbike acquisition.
- The acquisition aligns with the company's aggressive growth strategy, including pending Sportstech acquisition.
- Detailed information is available on TRNR's investor presentation and SEC filings.
Interactive Strength Inc. (NASDAQ: TRNR), renowned for its specialty fitness equipment under the CLMBR and FORME brands, has addressed shareholder inquiries by updating its investor FAQ concerning the anticipated acquisition of Wattbike, valued at over $15 million. This strategic move is part of TRNR's broader growth plan, which also includes a pending acquisition of Sportstech.
The company directs interested investors to its investor presentation and filings with the US Securities & Exchange Commission (SEC) for comprehensive insight into the acquisition's rationale and structure. This initiative underscores TRNR's commitment to transparency and strategic growth in the competitive fitness equipment market.
Interactive Strength Inc. continues to expand its portfolio, aiming to generate significant returns. The company recently increased its guidance by 30%, forecasting over $65 million in pro forma revenue for 2025. For more information, investors are encouraged to visit the company's investor relations website.