Interactive Strength Files For Offer Of Up To 3.57M Shares Of Common Stock With Series A-1 And A-2 Warrants
Portfolio Pulse from Benzinga Newsdesk
Interactive Strength has filed for an offer of up to 3.57 million shares of common stock, along with Series A-1 and A-2 warrants.

June 27, 2024 | 12:22 pm
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Interactive Strength (TRNR) has filed for an offer of up to 3.57 million shares of common stock, along with Series A-1 and A-2 warrants. This could lead to potential dilution of existing shares.
The filing for an offer of up to 3.57 million shares of common stock, along with Series A-1 and A-2 warrants, suggests potential dilution of existing shares. This is likely to have a negative short-term impact on the stock price as the market adjusts to the increased supply of shares.
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