Sportstech Brands Holding GmbH has formally responded to shareholder correspondence issued by Interactive Strength Inc. (NASDAQ: TRNR) on February 20, 2026, rejecting assertions that the German-based company bears responsibility for TRNR's recent capital market developments and the announced reverse stock split.
In its statement, Sportstech emphasized that equity valuations and stock price movements are driven by operational performance and prevailing market conditions rather than external communications. The company contends that attributing TRNR's share performance to Sportstech's actions misrepresents the factors influencing public markets.
Sportstech further noted that underlying contractual and legal disputes between the parties remain pending before German courts. While maintaining its commitment to seeking a professional resolution, the company affirmed its intention to robustly defend its legal position throughout the ongoing proceedings.