US45840Y2037 - Common Stock
Interactive Strength Inc. (NASDAQ:TRNR) shares are surging premarket on Thursday after the company inked a non-binding letter of intent and exclusivity agreement to acquire a connected-fitness equipment company. The target company has over $40 million in revenue and positive EBITDA, in a 100% equity consideration transaction. This acquisition supports its strategy of leveraging its public listing to acquire profitable, high-growth businesses in the fragmented global health & wellness market. The
Top movers in Tuesday's pre-market session