Interactive Strength, Inc.
Filed Apr 16, 2025.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Apr 16, 2025
Contents
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus, including the information incorporated by reference into this prospectus contains forward-looking statements that are subject to risks and uncertainties. All statements contained in this prospectus other than statements of historical fact, including statements regarding our future financial performance, our growth strategy, our objectives for future operations and industry trends, are forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “can,” “may,” “intend,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” the negative of these terms, and other comparable terminology that convey uncertainty of future events or outcomes. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, our anticipated growth strategies and anticipated trends in our business and in the industry in which we operate. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance, or achievements expressed or implied by the forward-looking statements, including those factors discussed under“Risk Factors.” Forward-looking statements include, but are not limited to, statements regarding:
our future financial performance, including our expectations regarding our revenue, cost of revenue, gross profit, operating expenses including changes in research and development, sales and marketing, and general and administrative expenses (including any components of the foregoing), and our ability to achieve and maintain future profitability;
our market opportunity, including our potential or anticipated growth of the fitness and wellness industry, including the smart home gym and connected fitness sector of this industry;
our internal estimates as to our market opportunities, including our total addressable market;
market acceptance of our connected fitness hardware and services;
beliefs and objectives for future operations, products, and services;
our ability to maintain and increase sales of our CLMBR vertical climbing machine (the "CLMBR") and FORME Studio equipment, increase memberships to the CLMBR and FORME platform, and expand our product and service offerings;
our ability to attract and retain qualified trainers, including personal trainers, and to contract with fitness instructors and other content production personnel;
our expectations regarding potential changes to our membership or pricing models or to our products and services;
our plans to expand our commercial and corporate wellness customer base;
our ability to develop new content, features, equipment, and other services to integrate with or complement the CLMBR and FORME platform and bring them to market in a timely manner;
our expectations regarding content costs included in our products and services;
our expectations concerning relationships with third-party manufacturers, suppliers, content providers, ecosystem partners, and other third parties, as well as current and potential strategic relationships;
our expectations regarding our manufacturing and supply chain, including any defects or warranty claims;
our international expansion plans and ability to continue to expand internationally;
the accuracy of our estimates regarding capital requirements and need for additional financing;
our ability to complete acquisitions;
the accuracy of our estimates regarding the impact of completed acquisitions;
our expectations regarding the impact of general economic conditions and, geopolitical events; and
our expectations regarding the period during which we qualify as an emerging growth company under the JOBS Act and as a smaller reporting company.
We caution you that the foregoing list may not contain all of the forward-looking statements made in this prospectus and the documents incorporated by reference in this prospectus. These forward-looking statements reflect our management’s beliefs and views with respect to future events and are based on estimates and assumptions as of the date of this prospectus and any prospectus supplement, and are subject to risks and uncertainties.
These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in“Risk Factors” and under similar headings in our most recent Annual Report on Form 10-K or Current Reports on Form 8-K. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for us to predict all of those risks, nor can we assess the impact of all of those risks on our business or the extent to which any factor may cause actual results to differ materially from those contained in any forward-looking statement. The forward-looking statements in this prospectus are based on assumptions management believes are reasonable. However, due to the uncertainties associated with forward-looking statements, you should not place undue reliance on any forward-looking statements.
The forward-looking statements made in this prospectus and the documents incorporated by reference in this prospectus relate only to events as of the date of hereof or thereof. We undertake no obligation to update publicly any forward-looking statements for any reason after the date of this prospectus to conform these statements to actual results or to changes in our expectations, except as required by law.
You should read this prospectus and the documents incorporated by reference in this prospectus completely and with the understanding that our actual future results, levels of activity, performance, and events and circumstances may be materially different from what we expect. We qualify all of the forward-looking statements in this prospectus by these cautionary statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.