Fitness Company Forme Plans to Offer 2M Shares in IPO

Fitness Company Forme Plans to Offer 2M Shares in IPO

By Stephen Nakrosis

Interactive Strength Inc., which does enterprise as Forme, mentioned it deliberate to dimension its upcoming preliminary public providing at 2 million shares.

The digital health platform additionally mentioned it expects the providing to cost between $6 and $8 per share.

Forme mentioned it combines linked health {hardware} merchandise with private coaching and training by folks. Its merchandise embody the Forme Studio, a health mirror, and the Forme Studio Lift, a health mirror with cable-based digital resistance. The firm additionally presents video-on-demand lessons and well being teaching, it mentioned.

Ritastar Ltd., Investments, and entities affiliated with Apeiron are listed among the many firm’s principal stockholders.

Forme mentioned it utilized to record on the Nasdaq Stock Market underneath the image TRNR.

Aegis Capital Corp. is listed because the providing’s underwriter.

Write to Stephen Nakrosis at [email protected]

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