AcquisitionsMay 12, 2026, 04:19 PM
Interactive Strength Completes Ergatta Acquisition; Files Financials
AI Summary
Interactive Strength, Inc. filed an amendment to its Form 8-K to provide the required financial statements and pro forma financial information related to its acquisition of Ergatta, Inc. The acquisition, completed on March 11, 2026, had an aggregate purchase price of approximately $13.3 million, consisting of preferred stock, cash, deferred cash, and contingent cash consideration. The filing includes Ergatta's historical financial statements and unaudited pro forma combined financial information for the combined entity.
Key Highlights
- Interactive Strength completed the acquisition of Ergatta, Inc. on March 11, 2026.
- The aggregate purchase price for the acquisition was approximately $13.3 million.
- Consideration included 4.75 million shares of Series D-1 Preferred Stock valued at $7.7 million.
- Cash consideration included $2.1 million paid at closing and $1.75 million in deferred cash.
- Contingent cash consideration with an estimated fair value of $1.6 million is payable based on 2026 Free Cash Flow.
- Ergatta reported net revenue of $12.443 million and net income of $657 thousand for the year ended December 31, 2025.
- The unaudited pro forma combined revenue for Interactive Strength and Ergatta for 2025 was $23.973 million.