Interactive Strength Conducts 1-for-10 Reverse Stock Split

Interactive Strength will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-10. The reverse stock split will become effective on February 24. The Company's common stock will begin trading on a post-split basis at the market open on February 24, under the Company's existing trading symbol "TRNR", with the new CUSIP number, 45840Y500. The reverse stock split is part of the Company's plan to regain compliance with the minimum bid price requirement of $1.00 per share required to maintain continued listing on The Nasdaq Capital Market, among other benefits. The reverse stock split was approved by the Company's stockholders at the Company's Annual Meeting of Stockholders held on September 26, to be effected in the discretion of the Company's board of directors within approved parameters. The final ratio was approved by the Company's board of directors on February 6. The reverse stock split reduces the number of shares of the Company's outstanding common stock from approximately 14.3M shares to approximately 1.4M shares.