on Interactive Strength Inc. (NASDAQ:TRNR)
Interactive Strength Inc. Updates on Sportstech's Financial Projections
Interactive Strength Inc. (NASDAQ:TRNR), based in Austin, Texas, has addressed queries regarding Sportstech's recent financial performance. The company, known for its CLMBR and FORME fitness brands, provided updates on its website, highlighting Sportstech's LTM revenue and EBITDA projections until April 2025. The updated FAQs come in response to shareholder inquiries following an announcement regarding pending acquisitions of Sportstech and Wattbike.
The company encourages stakeholders to review its investor presentation and filings with the US Securities & Exchange Commission for detailed information on the acquisition structure. Interactive Strength aims to bolster its portfolio with these strategic acquisitions, enhancing its innovative fitness equipment offerings.
TRNR emphasizes the role of forward-looking statements in this communication. These statements, while aimed at future projections, are not guarantees and involve risks, including market demand and competition dynamics. The company advises caution in relying on unaudited financial metrics as it progresses towards completing the Sportstech transaction.
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