TRNR shares surge 12.03% intraday after disclosing Sportstech transaction details and enforcing loan recovery rights.

Interactive Strength Inc. surged 12.03% intraday following the publication of a comprehensive Sportstech transaction summary on its website and the CEO’s public assertion of the company’s legal rights. The company clarified that Sportstech, a German private firm, owes over $5 million under existing loan agreements and emphasized transparency by making SEC filings and source materials publicly accessible. CEO Trent Ward’s comments dismissed Sportstech’s press releases as attempts to manage private obligations rather than influence TRNR’s shareholders, reinforcing confidence in the company’s enforcement of contractual remedies. The move underscored TRNR’s commitment to resolving the debt dispute and highlighted the enforceability of its claims under German and U.S. law, likely bolstering investor sentiment amid the litigation.