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on Interactive Strength Inc. (NASDAQ:TRNR)

Interactive Strength Inc. Projects Over $50M in Revenues by 2025

Stock price chart of Interactive Strength Inc. (EBR:TRNR) showing fluctuations.

Interactive Strength Inc. (Nasdaq:TRNR), based in Austin, Texas, has unveiled a new investor presentation. This presentation details a binding agreement to acquire Germany's largest connected fitness firm, Sportstech. The acquisition is projected to significantly bolster TRNR's revenues, aiming for more than $50 million in 2025 on a pro forma basis.

The acquisition aligns with TRNR’s growth strategy, targeting long-term expansion in the fitness equipment sector. TRNR emphasizes Sportstech's EBITDA earn-out thresholds as a core focus in this integration. This move marks a crucial step toward enhancing TRNR's market positioning and capabilities.

Investors and stakeholders are encouraged to access detailed projections and rationale through TRNR's investor website and official SEC filings. The company underscores the forward-looking nature of these statements, which remain subject to various market risks and conditions.

R. H.

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