Interactive Strength Inc. Signs Exclusivity Agreement for Key Acquisition

Interactive Strength Inc. (NASDAQ:TRNR) has announced a strategic move to acquire a connected-fitness equipment company that generated over $15 million in revenue in 2024. This acquisition aligns with TRNR's growth strategy and is expected to boost profitability through operational synergies. This all-stock transaction follows extensive discussions and due diligence over several months, with the deal expected to close by March 2025, marking TRNR's second acquisition this year.

Interactive Strength, known for its CLMBR and FORME brands, views this acquisition as a step to enhance its presence in the global health and wellness market, which remains fragmented. Investors and interested parties can find more information about the acquisition's structure and TRNR's ongoing strategy in their latest shareholder update and filings with the SEC.