Interactive Strength Inc. Announces Reverse Stock Split

Interactive Strength Inc. (Nasdaq:TRNR) has announced a 1-for-10 reverse stock split, effective June 27, 2025. The action, approved by shareholders and the board, aims to reduce outstanding shares from 13.9 million to 1.4 million. This measure is intended to ensure compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing.

The reverse split received approval at a special meeting on March 11, 2025, with the final ratio set on May 6, 2025. As a result, outstanding common stock shares will be adjusted, but authorized shares and par value remain unchanged.

No fractional shares will be issued; instead, shareholders will receive cash for any fractional shares. This move reflects the company's efforts to maintain its position within Nasdaq regulations while aligning investor interests.