Interactive Strength Inc ( TRNR ) shares are trading higher by 12.4% to $1.00 Tuesday morning after the company signed a binding agreement to acquire Wattbike, a UK-based indoor cycling brand.

Interactive Strength ( TRNR ) says the deal strengthens the company’s position in the US, UK and German fitness markets, and will broaden its omni-channel portfolio with a focus on performance training, rehab and wellness.

Per the company, the acquisition is expected to close in the second quarter and be immediately accretive. Wattbike's CEO Stephen Loftus highlighted the opportunity for accelerated global growth, supported by TRNR's sales and marketing scale.

TRNR also plans to integrate Wattbike with its Taiwan-based supply team and upcoming Sportstech acquisition, positioning the company as a uniquely diversified leader in global fitness.

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How To Buy TRNR Stock

By now you're likely curious about how to participate in the market for Interactive Strength ( TRNR ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Interactive Strength ( TRNR ), which is trading at $0.89 as of publishing time, $100 would buy you 112.36 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, TRNR has a 52-week high of $1,100.00 and a 52-week low of $0.80.