AwesomeStocks Hello! We continue to watch TRNR after its recent mid-day IPO. As with many IPOs it is experiencing heavy volatility. TRNR opened today in the afternoon at 8.35 and has experienced volatility as low as 5.75. We are watching for sustainable upside potential. As a reminder, here is our full profile on TRNR: New Alert: Interactive Strength Inc. dba FORME (NASDAQ: TRNR) The fitness industry has experienced significant changes over the past few years. Since 2020, âconsumers rapidly shifted consumption of brick and mortar fitness offerings to digital offeringsâ. This has created new demand and a big opportunity for companies with unique products and services in this sector. TRNR, our new NASDAQ alert, is a âdigital fitness platform that combines premium connected fitness hardware products with personal training and coaching (from real humans) to deliver an immersive experience and better outcomes for both consumers and trainersâ. The companyâs mission âis to reinvent how we take care of ourselves through the power of coaching, and to usher in a new era of health, happiness, and longevity.â According to the â2021 Global Wellness Institute, total global spending in the wellness industry in 2020 was $4.4 trillionâ. Additionally, the âU.S. gym and health club industry had a total of approximately 64 million gym memberships and generated $35 billion of revenue in 2019â. This represents âcompound annual growth rates (âCAGRâ) of 4% and 6%, respectively, since 1997â. Plus, âStrength training is the largest segment within the fitness industryâ. Some estimates show âthat within the U.S. market, approximately 32 million people participate in strength training and over 8 million people participate in personal training services in a given yearâ. TRNR believes they âare the pioneer brand in the emerging sector of virtual personal training and health coaching and that [their] products and services are accelerating a powerful shift towards outcome-driven fitness solutionsâ. As the company further explains: âThe Forme platform delivers an immersive and dynamic at-home fitness experience through our VOD content, curated personalized fitness programming, Live 1:1 personal training, and other health coaching services, which are accessible via download or streaming through our connected fitness hardware products and via streaming through the Forme Studio app, which is available through iOS mobile devices and most iOS tablets and computers. The Forme Studio app is a standalone offering that members can use to access our training and health coaching servicesâ. Furthermore, TRNR offers âtwo connected fitness hardware products, the Forme Studio (fitness mirror) and the Forme Studio Lift (fitness mirror and cable-based digital resistance)â. âBoth products are designed to provide a more integrated and immersive experience than similar connected fitness products currently on the market.â As the company further explains: The âForme Studio features a 43-inch 4K ultra high definition (âUHDâ) touchscreen display, which is among the largest and highest definition screens in the connected fitness equipment market, and two front-facing 12 megapixel (âMPâ), wide angle cameras designed to facilitate seamless live interaction with a trainerâ. The âForme Studio Lift also features two cable-based resistance arms that can provide up to 100 pounds of resistance per armâ. In addition to TRNRâs connected fitness hardware products, they âoffer video on-demand (âVODâ) classes, personal training, and expert health coachingâ. Here are some of the companyâs comments: âOur health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. Personal training currently comprises the majority of our health coaching services. All members who purchase the Forme Studio and Forme Studio Lift are able to access our VOD content library by creating a Forme account and signing up for our monthly membership. Once on the platform, each member is matched with a Fitness Concierge who works to understand specific needs and goals and then curates weekly fitness plans, comprised of On-Demand classes from our VOD content library. TRNRâs unique approach could give them a competitive advantage. TRNR designed its âproduct and service offerings to be modular so that they can be customized for a broad range of fitness goals, budgets, and needs, thereby accessing a larger addressable marketâ. Furthermore, as the company explains: âBy adding services on top of our connected fitness hardware products, we aim to achieve more attractive unit economics relative to others in the smart home gym and connected fitness industry.â As the company notes, members of TRNRâs âleadership team have significant experience in connected fitness, technology, and broader health and wellness industries, including previous tenures at highly recognized names in the industry, such as Equinox, Peloton, and Exos.â Plus, TRNR believes that their total addressable market âincludes nearly 10 million households, representing total potential revenue of $18 billion, all of which is in the United Statesâ. TRNR has multiple potential catalysts in its favor to experience incredible growth. Make sure to do your own due diligence. Sources: [Benzinga]( [Filing]( [PR1]( [Website]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). The information (collectively the âAdvertisementâ) disseminated by email, text or other method by the Publisher including this publication is a paid commercial advertisement and should not be relied upon for making an investment decision or any other purpose. The Publisher is engaged in the business of marketing and advertising the securities of publicly traded companies in exchange for compensation. The track record, gains, upside, and/or losses mentioned in the Advertisement, if any, should not be considered as true or accurate or be the basis for an investment. The Publisher does not verify the accuracy or completeness of any information included in the Advertisement. While the Publisher does not charge for the SMS service, standard carrier message and data rates may apply. To unsubscribe from receiving promotional text messages to your phone sent via an autodialer, using your phone reply to the senderâs phone number with the word STOP or HELP for help. The Advertisement is not a solicitation or recommendation to buy securities of the advertised company. An offer to buy or sell securities can be made only by a disclosure document that complies with applicable securities laws and only in the states or other jurisdictions in which the security is eligible for sale. The Advertisement is not a disclosure document. The Advertisement is only a favorable snapshot of unverified information about the advertised company. An investor considering purchasing the securities, should always do so only with the assistance of his legal, tax and investment advisors. Investors should review with his or her investment advisor, tax advisor or attorney, if and to the extent available, any information concerning a potential investment at the web sites of the U.S. Securities and Exchange Commission (the "SEC") at www.sec.gov; the Financial Industry Regulatory Authority (the "FINRA") at www.FINRA.org, and relevant State Securities Administrator website and the OTC Markets website at www.otcmarkets.com. The Publisher cautions investors to read the SEC advisory to investors concerning Internet Stock Fraud at www.sec.gov/consumer/cyberfr.htm, as well as related information published by the FINRA on how to invest carefully. Investors are responsible for verifying all information in the Advertisement. As an advertiser, we do not verify any information we publish. The Advertisement should not be considered true or complete. The Publisher does not offer investment advice or analysis, and the Publisher further urges you to consult your own independent tax, business, financial and investment advisors concerning any investment you make in securities particularly those quoted on the OTC Markets. Investing in securities is highly speculative and carries an extremely high degree of risk. You could lose your entire investment if you invest in any company mentioned in the Advertisement. You acknowledge that we are not an investment advisory service, a broker-dealer or an investment adviser and we are not qualified to act as such. You acknowledge that you will consult with your own independent, tax, financial and/or legal advisers regarding any decisions as to any company mentioned here. We have not determined if the Advertisement is accurate, correct or truthful. The Advertisement is compiled from publicly available information, which include, but are not limited to, no cost online research, magazines, newspapers, reports filed with the SEC or information furnished by way of press releases. Because all information relied upon by us in preparing an advertisement about an issuer comes from a public source, it is not reliable, and you should not assume it is accurate or complete. Owners and operators of the Publisher have been compensated eleven thousand dollars by bank wire transfer on 4/27/23 for the distribution of this advertisement about TRNR dated 4/28/23. The Publisher and its owners and operators hold no stocks or bonds in companies discussed in the Advertisement. Owners and operators of the Publisher own several newsletters, therefore you may receive multiple publications and emails featuring companies at different or the same time. You are receiving this report/release because you subscribed to receive it at our website or through a third-party site. All our newsletters include an "unsubscribe" link, and you can remove yourself at any time from our newsletters by clicking on that "unsubscribe" link. You can also contact us at info@AwesomeStocks.com to change your information at any time. By your subscription to our profiles, the viewing of this profile and/or use of our website, you have agreed and acknowledged the terms of our full disclaimer and privacy policy which can be viewed at the following link: www.AwesomeStocks.com/Disclaimer and www.AwesomeStocks.com/Privacy-Policy By accepting the Advertisement, you agree and acknowledge that any hyperlinks to the website of (1) a client company, (2) the party issuing or preparing the information for the company, or (3) other information contained in the Advertisement is provided only for your reference and convenience. The advertiser is not responsible for the accuracy or reliability of these external sites, nor is it responsible for the content, opinions, products or other materials on external sites or information sources. If you use, act upon or make decisions in reliance on information contained in any disseminated report/release or any hyperlink, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. You acknowledge that you are not relying on the Publisher, and we are not liable for, any actions taken by you based on any information contained in any disseminated email or hyperlink. Our records indicate that {EMAIL} requested and confirmed to be added to AwesomeStocks.com on March 5, 2023. [Click Here To Unsubscribe]( 6020 Bent Pine Dr
Orlando Florida 32822
USA [Unsubscribe]( | [Change Subscriber Options](