Interactive Strength Inc. (NASDAQ:TRNR) announced on June 18, 2025, that it has received formal approval from the UK Financial Conduct Authority (FCA) for its previously announced acquisition of Wattbike. This FCA approval satisfies a key condition for the closing of the acquisition.
With minimal conditions remaining, TRNR expects to complete the Wattbike acquisition in July 2025. Wattbike is a UK-based, omni-channel, connected, indoor-performance bike business.
This regulatory clearance is a significant step towards finalizing the deal, which is expected to significantly expand Interactive Strength Inc.'s presence in the global fitness market, particularly in the UK, and enhance its product offerings.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.