Sportstech Brands Holding GmbH Provides Update on Ongoing Legal Disputes with Interactive Strength, Inc. (NASDAQ: TRNR)

Core Viewpoint - Sportstech Brands Holding GmbH is currently engaged in legal disputes with Interactive Strength Inc. (TRNR), focusing on the enforcement of claims and the legality of a proposed public auction of Sportstech shares [1][2]. Legal Proceedings - Sportstech is pursuing multiple legal actions against TRNR following TRNR's announcement to explore "all legal options" to enforce its claims, including a public auction of Sportstech shares scheduled for March 11, 2026 [2][3]. - On January 8, 2026, Sportstech filed an action to oppose enforcement measures, aiming to prevent any public auction of its shares, and has requested interim legal protection from the Regional Court of Berlin [4]. - TRNR has clarified in court that a direct private sale of shares is not possible, which Sportstech interprets as a confirmation of its legal stance [5][6]. Legal Compliance and Position - Sportstech asserts that any enforcement or disposal of its shares must adhere to German legal standards, deeming any alternative methods as legally inadmissible [7]. - The inconsistency in TRNR's statements regarding the auction and repayment of claims raises concerns for Sportstech, which views the announced auction as contradictory to TRNR's previous claims [8]. - Sportstech plans to prevent the public auction, arguing that the publication in the German Federal Gazette lacks essential information and does not comply with legal requirements [9]. Company Confidence and Future Actions - Sportstech expresses confidence in its legal position and believes that both the public auction and any private sale attempts will fail legally [10]. - The CEO of Sportstech, Ali Ahmad, acknowledges the clarification from TRNR regarding the private sale and expresses regret that legal proceedings were necessary to establish this certainty [11]. - Currently, no lawsuit has been served on Sportstech, and the company remains open to an amicable settlement while prepared to resolve the matter through court proceedings if necessary [12]. Company Overview - Sportstech Brands Holding GmbH operates in the home fitness, wellness, and lifestyle products sector, holding a strong market position in Europe [13].