TRNR Files Lawsuits Against Sportstech and Ali Ahmad and Announces March 11, 2026 Public Auction of All Shares of Sportstech

Core Viewpoint - The company has initiated legal proceedings to enforce a defaulted loan and personal guarantee, alongside announcing a public auction for shares in Sportstech Brands Holding GmbH [1] Group 1: Legal Proceedings - The company has filed two lawsuits related to a defaulted loan to Sportstech Brands Holding GmbH and a personal guarantee by Ali Ahmad [1] - The legal actions aim to enforce the terms of the defaulted loan agreement [1] Group 2: Auction Announcement - A public auction for 100% of the shares in Sportstech pledged to the company is scheduled for March 11, 2026, at 11:00 a.m. [1] - The auction is being conducted under the German Civil Code, indicating a formal process for asset recovery [1]