INTERACTIVE STRENGTH INC (TRNR)

US45840Y2037 - Common Stock

2.8687  -0.13 (-4.38%)

After market: 2.91 +0.04 (+1.44%)

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13 days ago - Yahoo Finance

Interactive Strength Set To Acquire Fitness Equipment Company In Equity Swap, Eyeing Revenue And Market Expansion

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

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15 days ago - Chartmill

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