BERLIN, Feb. 12, 2026 — Sportstech Brands Holding GmbH offers an update regarding the present state of its continuing legal conflicts with Interactive Strength Inc. (NASDAQ: TRNR).
Sportstech has initiated several legal actions against TRNR following TRNR’s public declaration that it would explore “all legal avenues” to pursue its demands, including a potential swift public sale of pledged Sportstech shares — along with claims that these shares could be liquidated to settle the purported debts or potentially purchased by TRNR directly.
The announcement made by TRNR on February 10, 2026, regarding the filing of two legal suits and a planned public auction of all shares in Sportstech Brands Holding GmbH set for March 11, 2026, was therefore not unexpected and had been legally foreseen.
Sportstech had already commenced legal measures on January 8, 2026, by submitting an enforcement opposition action (“Vollstreckungsabwehrklage“). This filing aims to block such enforcement actions, including barring any prospective public auction. Additionally, Sportstech has submitted a request for provisional legal safeguards. The case is currently under review at the Berlin Regional Court (Landgericht).
Unexpectedly, however, during earlier preliminary injunction hearings, TRNR stated prior to the oral arguments scheduled for February 11, 2026, that no private share transaction would occur and that, in TRNR’s view, such a transaction was never planned. Given this development, Sportstech considered the matter settled.
TRNR has thus explicitly stated in court that a direct private sale of the shares cannot proceed. Sportstech views this as definitive validation of its legal stance.
From Sportstech’s perspective, these legal actions demonstrate that any execution or transfer of Sportstech shares must adhere to German legal requirements. Sportstech deems any other method of enforcement or share disposal as legally impermissible. This judicial determination affirms that any effort to liquidate the shares — through either private sale or public auction — faces rigorous legal examination under German jurisdiction.
This inconsistency becomes especially apparent considering TRNR’s latest declarations: During the aforementioned preliminary injunction proceedings, TRNR itself stated it was not pursuing share liquidation but only the settlement of its debt. The currently announced public auction thus directly conflicts with those prior statements and, in Sportstech’s view, exposes the inconsistency in TRNR’s strategy.
Sportstech additionally deems the public share auction announced by TRNR as legally invalid and intends to block it. Even the notice published in the German Federal Gazette (“Bundesanzeiger“) omits critical details and, according to Sportstech, fails to satisfy the legal prerequisites for a valid enforcement process. Consequently, Sportstech is certain that the attempted public auction — similar to any attempted private sale — will be legally unsuccessful.
Sportstech perceives TRNR’s conduct as an effort to apply maximum leverage through public declarations, lacking any coherent legal methodology. Sportstech refuses to be coerced by these tactics and remains assured — as proven in the preliminary injunction hearings concerning the private sale — that the attempted public auction will likewise be halted.
Statement from CEO Ali Ahmad:
“We are pleased that TRNR has now acknowledged that a private sale is not viable and has retreated from this position. It is unfortunate that legal action was required to achieve this clarity. We confront the upcoming hearings regarding the announced public auction with equal assurance.”
These proceedings have established that rapid or immediate acquisition of Sportstech shares via private sale is not feasible. Additional legal matters concerning TRNR continue to be contested.
Based on Sportstech’s current information, no legal complaint has been formally delivered to Sportstech. The suits publicly mentioned by TRNR are not presently active. Sportstech regards the announced actions with assurance. All required measures to protect its interests have already been implemented.
Sportstech nonetheless continues to be open to a mutually agreeable resolution and strongly believes a settlement outside court can be reached. If not, the issue will be settled through judicial proceedings.
About Sportstech Brands Holding GmbH
Sportstech Brands Holding GmbH operates internationally in the home fitness, wellness, and lifestyle product industries, holding a robust market position across Europe.
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