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(Nasdaq: TRNR) walked out of its August 28 special meeting with six-for-six on the ballot.
The claim is that the Austin, Texas company now has broad shareholder authorization to issue stock across every instrument management put forward.
What complicates it is the sheer width of that authorization: multiple preferred series, convertible notes, outstanding warrants, a 5-million-share equity plan expansion, and a board-level reverse split option stretching from 1-for-4 to 1-for-100.
The scope of what cleared The quorum was 1,063,035 shares, drawn from a record-date float of 1,619,702 shares of common stock as of August 13, 2026.
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