January 28, 2026 — Sportstech Brands Holding GmbH, a Europe-based home fitness and wellness products company, has issued a formal public statement rejecting a series of claims made by Interactive Strength Inc. (Nasdaq: TRNR), stating that key assertions regarding alleged loans, enforcement actions, and a potential acquisition are legally and factually incorrect.

Dispute Over Loan Claims and Legal Validity

Sportstech confirmed that it has fulfilled, and will continue to fulfill, all obligations that are due and legally enforceable, while expressly rejecting any suggestion to the contrary. According to the company, the claims asserted by TRNR do not exist in the amounts alleged.

Following a comprehensive legal review, Sportstech stated that both the original loan agreement dated January 27, 2025, and its extension dated May 22, 2025, are governed by German law and are void under German law. Sportstech has communicated this position directly to TRNR.

Rejection of Enforcement and Share Sale Assertions

Sportstech also challenged public statements by TRNR suggesting the inevitability of enforcement or realization measures, including a potential auction or sale of company shares. The company described such representations as misleading, noting that it has already initiated legal steps in Germany to obtain formal clarification.

To date, Sportstech stated that no lawsuit filed by TRNR in Germany has been served, while Sportstech itself is exploring claims against TRNR as plaintiff. The company emphasized that any enforcement-related actions would involve complex and contested legal issues, likely resulting in prolonged and costly proceedings rather than swift execution.

No Executed Acquisition Agreement

Addressing market speculation, Sportstech clarified that no fully executed purchase or acquisition agreement has ever been concluded for TRNR to acquire Sportstech. Any documents previously described as binding served solely as a basis for further negotiations. Key economic and structural terms of a potential transaction were never finalized before discussions were terminated.

Interest Waiver Claims Denied

Sportstech further denied any public impression that it had requested a waiver of interest or other claims. On the contrary, the company reiterated that it has consistently disputed the legal validity of the claims asserted by TRNR and has proactively maintained this position throughout communications.

Open to Negotiation, Business Continues as Normal

While reaffirming that it will only satisfy obligations that are legally binding and validly substantiated, Sportstech stated that it remains open to constructive, legally sound discussions, including the amicable settlement of any obligations that may actually exist, as well as reimbursement of certain costs incurred during the terminated negotiations.

Given that no enforcement proceedings are currently known in Germany—and that Sportstech is the only party to have initiated legal action in that jurisdiction—the company does not expect any share auction to be feasible, particularly in the first quarter of 2026. Any proceedings, if initiated, would likely be lengthy and expensive for all parties involved.

Despite the ongoing dispute, Sportstech emphasized that it remains fully operational, continues its business activities without restriction, and is pursuing its strategic growth plans. While confident that an agreement may ultimately be reached, the company indicated that any settlement amount would likely be significantly lower than publicly speculated figures. The exact amount remains confidential to avoid undermining negotiations.

CEO Statement

Ali Ahmad, CEO of Sportstech Brands Holding GmbH, commented:

“The public statements by Interactive Strength Inc. create a picture that does not reflect the legal and factual situation. We firmly reject these claims and are confident in our legal position. At the same time, we remain open to factual discussions based on the applicable law. This legal dispute will not prevent Sportstech from continuing its growth strategy.”

About Sportstech Brands Holding GmbH

Sportstech Brands Holding GmbH is an internationally active company specializing in home fitness, wellness, and lifestyle products, with a strong and established market position across Europe.

Disclaimer
This article is based on publicly available information and official disclosures and has been compiled and summarized for industry reference purposes. While every effort has been made to ensure accuracy, omissions or interpretative differences may exist. This article does not constitute legal, financial, or commercial advice and should not be relied upon for business or investment decisions. Readers are advised to refer to the original source material for full details.