Interactive Strength Inc. announced a private placement that it has issued 2,553,637 shares of the Company's Series A Preferred Stock, par value $0.0001 per share to nine accredited investors upon conversion of liabilities of approximately $4,693,439; 1,500,000 shares issued to Vertical Investors LLC upon the conversion of certain portion of outstanding debt of $3,000,000, 538,039 shares issued to one accredited investor which is an existing investor of the Company upon the conversion of certain outstanding promissory notes with then outstanding balance of approximately $796,298 and 515,598 shares issued to seven accredited investors, upon the conversion of certain portion of outstanding accounts payable in the aggregate amount of approximately $897,141 on March 29, 2024. The shares of Series A Preferred Stock were issued pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D promulgated thereunder.