Sportstech fights to block share auction in Berlin court battle
A legal battle is unfolding between Sportstech Brands Holding GmbH and Interactive Strength Inc. over unpaid debts. The dispute has escalated to court, with Interactive Strength pushing for a public auction of Sportstech's shares. Both companies now face a drawn-out legal process before the Berlin Regional Court.
The conflict began when Interactive Strength filed two lawsuits against Sportstech, claiming outstanding debts. In response, the German company took defensive action by filing an enforcement lawsuit and requesting an interim injunction to halt the planned auction.
Interactive Strength had scheduled a public sale of 100% of Sportstech's shares for March 11, 2026. However, during court proceedings, the company confirmed it had no intention of pursuing a private sale instead. Sportstech argues that the auction itself would be legally flawed, citing insufficient details in the published notice.
Despite the escalation, Sportstech remains open to dialogue. The firm has expressed willingness to negotiate an out-of-court settlement. Meanwhile, no updated market data exists for Interactive Strength's stock (TRNR) since the legal action was announced on February 10, 2026. The most recent recorded prices—$0.3747 and $0.63—both predate the dispute.
The case continues under the Berlin Regional Court's jurisdiction. Sportstech maintains that Interactive Strength's public auction plans lack legal validity. For now, both sides await further judicial decisions while leaving room for potential settlement talks.
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