Interactive Strength Inc (TRNR) has released an update to notify the public and investors about the unregistered sales of equity securities.
A company recently issued various securities, including Shares, Waiver Consideration, Notes, and Warrants, all of which were exempted from the usual registration requirements. This issuance was only available to “accredited investors,” and since these securities aren’t registered under the Securities Act, they can’t be offered or sold publicly in the U.S. without proper registration or a specific exemption.
For further insights into TRNR stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
