Interactive Strength Inc. Secures $15M Credit Facility To Support Increased Demand
Portfolio Pulse from Benzinga Newsdesk
Interactive Strength Inc. (NASDAQ: TRNR), maker of premium smart home gyms and provider of virtual personal training services, has secured a $15 million credit facility to support increased demand. The company recently announced partnerships with luxury hotel chain Aethos and sports retail company SIGNA Sports United.

June 12, 2023 | 1:20 pm
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Interactive Strength Inc. (TRNR) has secured a $15 million credit facility to support increased demand and announced partnerships with Aethos and SIGNA Sports United.
The secured credit facility will provide the necessary funds for Interactive Strength Inc. to support its growth initiatives, including expanding its presence in the US and Europe. The partnerships with Aethos and SIGNA Sports United will give the company entry into new markets and access to an established customer base, which is likely to have a positive impact on its stock price in the short term.
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