On March 11, 2026, Interactive Strength Inc. (the "Company") successfully completed its merger with Ergatta, Inc., a Delaware corporation, as per the previously disclosed Agreement and Plan of Merger dated February 18, 2026. The merger was executed through Ergatta Acquisition Corp., a wholly owned subsidiary of the Company. As part of the transaction, Ergatta's stockholders received a total cash consideration of $3.5 million, which includes an immediate payment of $1.75 million and an additional $1.75 million in deferred cash, secured by a promissory note maturing on April 30, 2027. Furthermore, Ergatta's stockholders will also receive shares of Series D1 Convertible Preferred Stock valued between $5.25 million and $9.5 million, contingent upon the terms outlined in the merger agreement. The Company has also issued equity incentives to certain members of Ergatta's senior management, which includes shares of Series D2 and Series D3 Convertible Preferred Stock, with values ranging from $0 to $2 million and $0 to $1 million, respectively. This merger is expected to enhance the Company's operational capabilities and market position significantly, reflecting a strategic move towards growth and expansion in the fitness technology sector. The Company anticipates that the integration of Ergatta will lead to improved product offerings and increased market share, positioning Interactive Strength Inc. favorably for future growth opportunities.

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