Interactive Strength Inc. (Nasdaq:TRNR) Signs Exclusive Letter of Intent to Acquire Scaled and Profitable, Connected-Fitness Equipment Business [Yahoo! Finance]
Interactive Strength Inc. (TRNR)
Company Research
Source: Yahoo! Finance
Acquisition is expected to be TRNR's second transaction within 12 Months Advances strategy of using public listing to make accretive acquisitions of profitable and high-growth businesses in the highly fragmented health & wellness market globally Target's complementary product and customer footprint Expands TRNR's range of equipment and brands AUSTIN, TX / ACCESSWIRE / December 12, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company has signed a non-binding letter of intent and exclusivity agreement to acquire a connected-fitness equipment company. The proposed transaction is expected to close as early as the first quarter of 2025 and be accretive to TRNR's financial results. For more commentary, information and details on the rationale for and structure of the acquisition, please see TRNR's shareholder update on the Company's investor websit
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News
- Interactive Strength Inc. (Nasdaq: TRNR) Issues Year-End Update, Looks Ahead to 2025 [Yahoo! Finance]Yahoo! Finance
- Interactive Strength Inc. (Nasdaq: TRNR) Issues Year-End Update, Looks Ahead to 2025Accesswire
- Interactive Strength Inc. (Nasdaq:TRNR) Secures 162 Unit CLMBR Commitment and Signs Exclusive Distribution Agreement With Planet Fitness SAS for France [Yahoo! Finance]Yahoo! Finance
- Interactive Strength Inc. (Nasdaq:TRNR) Secures 162 Unit CLMBR Commitment and Signs Exclusive Distribution Agreement With Planet Fitness SAS for FranceAccesswire
- Interactive Strength Inc. (Nasdaq:TRNR) Signs Exclusive Letter of Intent to Acquire Scaled and Profitable, Connected-Fitness Equipment BusinessAccesswire
TRNR
Sec Filings
- 12/19/24 - Form 8-K
- 12/13/24 - Form 8-K
- 11/21/24 - Form 8-K
- TRNR's page on the SEC website