Home > Insider Trading > Filing (0000950103-23-006869)

Filing Details

Accession Number:: 0000950103-23-006869
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-05-04 17:31:05
Reporting Period:: 2023-05-02

Accepted Time:: 2023-05-04 17:31:05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1785056	Interactive Strength Inc.	TRNR	Electronic & Other Electrical Equipment (No Computer Equip) (3600)	821432916

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1810737	Block.one	C/O Maples Corporate Services Limited Po Box 309, Ugland House Grand Cayman E9 KY1-1104	No	No	Yes	No
1955357	Francis Brendan Blumer	C/O Maples Corporate Services Limited Po Box 309, Ugland House Grand Cayman E9 KY1-1104	No	No	Yes	No
1974189	Kokuei Yuan	C/O Maples Corporate Services Limited Po Box 309, Ugland House Grand Cayman E9 KY1-1104	No	No	Yes	No
1974190	1 Investments Block.one	C/O Maples Corporate Services Limited Po Box 309, Ugland House Grand Cayman E9 KY1-1104	No	No	Yes	No
1974191	Andrew Bliss	C/O Maples Corporate Services Limited Po Box 309, Ugland House Grand Cayman E9 KY1-1104	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2023-05-02	187,500	$8.00	3,205,491	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2023-05-02	24,046	$0.00	3,229,537	No	4	C	Indirect	See Footnotes
Common Stock	Disposition	2023-05-02	46	$8.00	3,229,491	No	4	J	Indirect	See Footnotes
Common Stock	Acquisiton	2023-05-02	147,288	$0.00	3,376,779	No	4	C	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes
No	4	J	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants	Disposition	2023-05-02	24,046	$0.00	24,046	$0.00
Common Stock	Convertible Notes	Disposition	2023-05-02	0	$0.00	147,288	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Indirect
0			No	4	C	Indirect

Footnotes

Reflects the purchase of shares of common stock of the Issuer ("Common Stock") by block.one Investments 1 ("Investments 1") from the Issuer upon the closing of the Issuer's Initial Public Offering ("IPO") at the IPO price of $8.00 per share.
Reflects the exempt automatic conversion pursuant to Rule 16b-6 of warrants to purchase shares of Common Stock ("Warrants") on a net conversion basis upon the closing of the IPO into a number of shares of Common Stock determined based on the IPO price of $8.00 per share. The Warrants have an exercise price of $0.015 per share and expire at 5:00 p.m. Pacific Time on November 13, 2032 or such earlier date and time on which the Warrant ceases to be exercisable in accordance with the terms of the Warrant. The amount of Warrants reflected in this Form 4 corrects the number of Warrants held by Investments 1, which was incorrectly reported on the Form 3 filed by the Reporting Persons with the SEC on April 27, 2023 due to an inadvertent administrative error.
Reflects the automatic withholding of shares of Common Stock by the Issuer upon the automatic net conversion of the Warrants on the closing of the IPO pursuant to the terms of the Warrants at the IPO price of $8.00 per share.
Reflects the exempt automatic conversion pursuant to Rule 16b-6 of convertible note of the Issuer (the "Convertible Note") held by Investments 1 upon the closing of the IPO into a number of shares of Common Stock equal to (i) the aggregate principal amount, plus accrued and unpaid interest, owing under such Convertible Notice through May 2, 2023 ($1,178,308.92) and (ii) $8.00 (the IPO price per share of Common Stock). The Convertible Notes were issued to Investments 1 on November 13, 2022 and have a maturity date of November 13, 2023.
Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one.
Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.