Interactive Strength Inc. announced that it has entered into a note purchase agreement with the lead investor to issue 10% senior secured non convertible notes for the gross proceeds of $15,000,000 on June 8, 2023. The investor has purchased for $7,500,000 in the transaction. The notes bear interest rate of 10% and two years maturity and with a 5.0% original issuance discount, representing a total cost of debt of 12.5% over the term of the Notes.