US45840Y2037 - Common Stock
INTERACTIVE STRENGTH INC
NASDAQ:TRNR (12/24/2024, 7:42:08 PM)
After market: 2.91 +0.04 (+1.44%)2.8687
-0.13 (-4.38%)
Interactive Strength Inc is a US-based company operating in Leisure Products industry. The company is headquartered in Austin, Texas and currently employs 36 full-time employees. The company went IPO on 2023-04-28. Interactive Strength, Inc. produces specialty fitness equipment and digital fitness services. The Company’s two brands are CLMBR and FORME. CLMBR is a vertical climbing machine that features a large-format touch display with on-demand, instructor-led classes. CLMBR offers a full-body strength and cardio workout. CLMBR is available directly to consumers on CLMBR.com as well as businesses, including gyms and fitness studios, hotels, and physical therapy facilities. FORME is a digital fitness platform. The company delivers an at-home fitness experience through two connected hardware products: The FORME Studio (fitness mirror) and The FORME Studio Lift (fitness mirror and cable-based digital resistance). In addition to the Company’s connected fitness hardware products, FORME offers personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training.
INTERACTIVE STRENGTH INC
1005 Congress Avenue, Suite 925
Austin TEXAS
P: 13106978655
Employees: 36
Website: https://www.formelife.com/
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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