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operational performancereverse splitlegal dispute

Sportstech Brands Disputes Claims in Interactive Strength Shareholder Correspondence

GlobeNewswire Inc.GlobeNewswire Inc.
|||1 min read
Key Takeaway

Sportstech Brands denies responsibility for Interactive Strength's poor stock performance, citing operational fundamentals and market conditions. Legal disputes continue in German courts.

Sportstech Brands Disputes Claims in Interactive Strength Shareholder Correspondence
$TRNRnegative

Sportstech Brands Holding GmbH has issued a formal response to a shareholder letter from Interactive Strength Inc. (Nasdaq: TRNR) dated February 20, 2026, categorically refuting allegations that the company bears responsibility for TRNR's recent capital market performance and announced reverse stock split.

The company stated that share price movements are determined by operational fundamentals and market conditions rather than external communications. Sportstech emphasized that any underlying contractual disputes between the parties are being addressed through legal proceedings in German courts, and that the company's operations remain stable amid the dispute.

Sportstech Brands reiterated its commitment to achieving a constructive resolution to the matter while maintaining its operational focus. The response represents the company's formal position on the allegations raised in Interactive Strength's shareholder communication.

Topics

operational performancereverse splitlegal disputeshareholder lettercourt proceedingscapital market performance

Source: GlobeNewswire Inc.

Back to newsPublished Feb 23

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