On February 24, 2026, the Berlin Regional Court dismissed all claims filed by Sportstech Brands Holding GmbH and its guarantor Ali Ahmad against Interactive Strength Inc. (TRNR). The ruling ordered Sportstech to pay the court and legal fees and confirmed that the March 11 auction of Sportstech shares would proceed as scheduled, eliminating a key source of uncertainty for TRNR’s shareholders.
The decision removes a major legal obstacle that could have delayed or derailed the company’s effort to recover the nearly $7.0 million it claims under a loan agreement. By clearing the way for the auction, TRNR can move forward with its plan to liquidate the pledged equity and strengthen its balance sheet. The ruling also signals to investors that the company’s legal position is solid, reinforcing confidence in its debt‑recovery strategy.
TRNR has been navigating a challenging financial environment. The company recently completed a 1‑for‑10 reverse stock split to regain compliance with Nasdaq’s minimum bid price requirement, a move that underscores ongoing liquidity concerns. At the same time, TRNR has pursued growth through acquisitions, most notably the definitive agreement to acquire Ergatta, Inc. The acquisition is expected to lift 2026 pro‑forma revenue guidance to over $30 million, reflecting a strategic push to broaden its product portfolio and capture new subscription revenue streams.
Investors reacted strongly to the court’s ruling, with a noticeable uptick in demand for TRNR’s shares. The positive market response reflects confidence that the legal victory will enable the company to execute its debt‑recovery plan and benefit from the anticipated revenue boost from the Ergatta acquisition.
CEO Trent Ward described Sportstech’s defenses as “fanciful” and “baseless,” underscoring the company’s conviction in the validity of its claims and the strength of its legal position.
The ruling, combined with TRNR’s strategic initiatives, positions the company to improve its financial footing and pursue further growth opportunities while mitigating the headwinds posed by its recent reverse split and ongoing liquidity challenges.
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