tiprankstipranks
The Fly

Interactive Strength signs LOI to acquire connected-fitness equipment company

Interactive Strength signs LOI to acquire connected-fitness equipment company

Interactive Strength (TRNR) announced that the Company has signed a non-binding letter of intent and exclusivity agreement to acquire a $15M+ in revenue connected-fitness equipment company. The proposed transaction is expected to close as early as the end of March 2025 – reflecting months of discussions – and is expected to be accretive to TRNR’s financial results.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com