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Insider Buying: Hedge Fund Legend Makes A Series Of Stock Purchases In Premium Digital Smart Home Fitness Company Interactive Strength (NASDAQ: TRNR - “FORME”)


By David Willey, Benzinga Notable hedge fund manager Bradley Wickens has made a series of insider purchases adding to his position of more than a 10% holder in premium digital smart home fitness company Interactive Strength Inc. (NASDAQ: TRNR - “FORME”). FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual 1:1 personal training. The Company completed an IPO in May and aims to establish itself as a leader in the premium fitness training market by combining at-home convenience with cutting-edge personal training services through its award winning connected hardware products. Wickens, a UK-based hedge fund manager and founder of Broad Reach Investment Management, started with a 10% ownership stake in Interactive Strength. Wickens has made a series of share purchases since Interactive Strength’s initial public offering (IPO), and he increased his number of TRNR shares by over 120,000 during the month of May. In his most recent purchase, he acquired 20,000 shares of stock at an average purchase price of $5.71, for a total of $114,200. This brought Wickens’ direct share ownership to 1,699,891 shares, for a value of $9.7 million. When a senior company executive, board member – or in this case, a major shareholder (someone who owns more than 10% of a company) – purchases company shares or other securities, it is referred to as insider buying and is frequently viewed as an indication that those within the company are optimistic about the future value of the company’s share price and the overall growth trajectory of the company. Purchasing activity from a seasoned hedge fund manager like Wickens would likely be viewed as particularly suggestive of outside optimism for the company, even if Wickens were not an insider. However, Wickens doesn’t represent the only hedge fund interest in Interactive Strength., a UK-based investment firm, recently purchased shares of TRNR common stock at $8 per share, bringing its total securities owned to 3.2 million. The online and digital fitness market has grown significantly since the pandemic, with the U.S. representing the largest segment of the online fitness market. According to the Company’s research, they believe the total addressable market (TAM) includes nearly 10 million households, representing a total potential market of $18 billion. Learn more about Interactive Strength Inc. by visiting their website. FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic at-home fitness experience through two connective hardware products: 1. The FORME Studio (fitness mirror) and 2. The FORME Studio Lift (fitness mirror and cable-based digital resistance). The Studios uniquely transform to host a variety of workouts and activities, returning to an elegant, full-length mirror when not in use. In addition to the Company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details TraDigital IR - Adam Holdsworth Company Website

July 06, 2023 09:00 AM Eastern Daylight Time

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US Global Investors says positive airline recovery an indicator of strong markets

US Global Investors Inc

U.S. Global Investors Chief Investment Officer Frank Holmes joins Natalie Stoberman from the Proactive studio to discuss the positive June trends from the JETS ETF fund and how a strong airline economy has proven to be an indicator for healthy markets. The U.S. Global Jets UCITS ETF ‘JETS’ delivers exposure to the global airline industry including airline operators and manufacturers from all over the world. Contact Details Proactive USA +1 347-449-0879

July 05, 2023 06:01 PM Eastern Daylight Time

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How Provides Vital Shelter to Refugees and Asylum Seekers One Home at a Time


A video accompanying this announcement is available at: To mark World Refugee Day, which occurred on June 20th, organizations like and the International Organization for Migration (IOM) continue to raise awareness about the ongoing needs of refugee populations around the world and connect them to free emergency stays. From refugees fleeing events in Afghanistan to people displaced by the war in Ukraine, is proud to work with partners like IOM, as well as Hosts and donors, to offer welcoming places to stay during unimaginable times of crisis. Kristen Berlacher, Director of Programs at, and Amy Pope, Director General Elect of IOM, talked about this important collaboration. Since its founding in December 2020, has worked with IOM and organizations around the world to connect nearly 200,000 refugees and asylum seekers with free, temporary stays, including: ○ 135,000+ refugees from Ukraine ○ 34,000+ refugees from Afghanistan During the media tour, topics that were discussed included: ● How the state of refugees and asylum seekers evolved in recent years and where there has been the greatest need. ● Why providing temporary housing is a key part of refugee relief and how temporary housing benefits both refugees and their local host communities over the long-term. ● How the partnership between and IOM has been instrumental in addressing the temporary housing needs of refugees and asylum seekers internationally. ● How people can support ongoing refugee relief efforts by and IOM. Humanitarian crises like those that forced people to flee events in Afghanistan and the war in Ukraine often capture the attention of the world and compel people and organizations to take action. Long after the headlines fade, however, the needs of those displaced by these events endure. FOR MORE INFORMATION VISIT: and Contact Details YourUpdateTV +1 212-736-2727

July 05, 2023 03:49 PM Eastern Daylight Time

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NextFerm Technologies announces a commercial manufacturing agreement for the production of ProteVin™, its vegan protein, with Kothari Fermentation and Biochem, a subcontractor in India

NextFerm Technologies Ltd.

In the first stage, the production setup will enable an annual production capacity of $4M in revenues The completion of the production setup is expected during the fourth quarter, 2023 (Yokneam Illit, July 5, 2023) – NextFerm Technologies Ltd. (TASE:NXFR), a food-tech company developing ProteVin™, a vegan, fermentation-based, non-GMO protein alternative and other innovative yeast-based nutrients, announced today that it has entered into a commercial manufacturing agreement with a subcontractor in India, Kothari Fermentation and Biochem, for the production of ProteVin™. The agreement relates only for production services and doesn’t include IP transfer to the subcontractor. The company's management has worked diligently to find a solution to establish a production setup that will be in line with its financial means, so that, in this stage, this agreement replaces the establishment of the manufacturing plant with the subcontractor in North Macedonia, and will allow the company to supply market demands with a lower investment than planned and with the ability to increase future capacity. In the first stage, the production setup will enable an annual production capacity of $4M in revenues. In addition to the production equipment that the company has purchased so far, the Company estimates that the necessary investment needed for the completion of the production setup and the purchase of the production equipment for the first stage will be approximately $2M. This investment will be financed from the company's own resources. The completion of the production setup is expected during the fourth quarter, 2023. The building in which the production facility is planned to be built already exists and has needed utilities, and most of the equipment needed to operate it has already been purchased by the company and/or is in the possession of the subcontractor and is available for the company’s use. Starting 2023, five food and dietary supplement companies in the USA and Europe have launched vegan products based on ProteVin, including Swanson, one of the leading and veteran nutritional supplement brands in the USA, Spacemilk and Mushroom Design. In the five products, the ProteVin™ brand is labeled on the packaging. The company has a wide and growing base of food and dietary supplement companies, including global companies, that are examining ProteVin for use in a variety of alternative products. In addition to ProteVin, the production facility in India will allow the company to also produce and market the by-product Yeast Extract, which is obtained in the production process of the protein. This product is an ingredient that enhances taste and flavor in the food industry. The company has developed a first generation of Yeast Extract based on a unique technology developed by the company (a yeast strain and unique processes) that contributes to the quality of the Yeast Extract products and the profitability of these products. The Yeast Extract market is estimated at approximately $1.9 Billion in global annual sales, with a growth of approximately 8.7% which is influenced, among others, by the growth of the alternative food market[1]. This is one of the most important and largest categories in the flavors market. Boaz Noy, Chief Executive Officer of NextFerm, said: "In past few months, we have focused on finding an efficient and flexible production alternative to the production facility that was planned to be established in North Macedonia, which will be in line with the company's capabilities and financial resources. The production setup that will be established in India will allow us to meet the growing demand for ProteVin, with a lower investment than planned with the ability to increase future capacity. ProteVin™ is the only alternative protein on the market today with a neutral taste and an animal-like nutritional value, and we believe it will become a leading solution in the global alternative protein industry. In addition, the company will be able to initiate the production and launch of Yeast Extract, which is a vegan food ingredient that enhances taste and flavor and with a high and growing demand in the food industry." About Kothari Fermentation and Biochem Kothari Fermentation and Biochem, traded on the Bombay Stock Exchange (BSE:KFBL.BO) is a manufacturer of baker’s yeast, Instant Yeast, Active & Inactive Dried Yeast, Cell walls, yeast extract, alcohol yeast and other yeast based products. For more information, visit the Kothari website at: About NextFerm Technologies NextFerm Technologies, traded on the Tel Aviv Stock Exchange (TASE:NXFR) is a food-tech company engaged in the research, development, manufacturing and marketing of innovative, functional and vegan yeast-derived, non-GMO protein alternatives for various applications in the food and food supplement markets and the growing market for animal-derived protein alternatives. NextFerm's flagship product is ProteVin™, a vegan, yeast-derived protein with animal-like nutritional value (Amino acid profile BCAA=21%, Leucine=9%, EAA=53% and high digestibility PDCAAS=1) and a neutral flavor. ProteVin™ is designed for a variety of categories in the alternative protein market, which is estimated at USD 20 billion in terms of final products and at USD 3.5 billion in terms of raw materials with an annual growth rate of above 20%, including milk and dairy substitutes, meat substitutes and additional categories such as infant nutrition, adult nutrition, and sports nutrition. The Company launched ProteVin™ and initiated marketing and supplying the product in second quarter of 2022. For more information, visit the NextFerm website at: [1] Legal Notice Regarding Forward-Looking Statements This announcement also includes forecasts, projections, assessments, estimates and other information which refer to future events and matters, the realization of which is uncertain and not exclusively under the Company’s control (forward-looking information). The main facts and data used to support this information are facts and data regarding the current position of the Company and its businesses (including the scope of sales and levels of profitability, manpower, commercial engagements and more), facts and data regarding the current global position of the Company’s operating segments (including industry-specific financial developments, environmental regulatory developments, the competitive environment, technological developments, the reinsurance market and more), and macro-economic facts and data (including the economic situation both in Israel and around the world, yields in the capital markets, social and state developments and more), all as known by the Company when publishing this announcement. The forward-looking information included above in this announcement is significantly based upon, in addition to the existing information held by the Company, on the Company’s current assessments and expectations of future developments vis-a-vis each one of the aforementioned parameters, and the interconnectedness of each one of these developments. The Company has no certainty that its forecasts and assessments will indeed eventuate, and the Company’s operating results may be materially different than the results assessed or implicit based on that set forth above, inter alia, as a result of a change in any of the aforementioned factors. Contact Details NextFerm Technologies Ltd. Yossi Ohana - CFO +972 54-771-5893 Investor and Media Contact Meirav Gomeh-Bauer +972 54-476-4979

July 05, 2023 03:06 PM Eastern Daylight Time

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STIMULATE: The Nation’s First-Ever B2B Sexual Wellness Trade Show to Debut July 24 & 25 in Nashville, TN


Nashville, TN – July 5, 2023 – STIMULATE: A B2B Sexual Wellness Trade Show will debut in Nashville, TN on July 24 + 25, 2023, as the nation’s first and only trade show and conference experience dedicated to sexual wellness. Among the categories represented at STIMULATE include products that support intimate care, sexual health, pleasure products, lubricants and grooming, games + novelty including home accessories and party supplies, lingerie, fashion accessories, and more. “With sexual wellness supporting consumers from young to mature and across a variety of categories, it’s important for retailers, vendors, and industry leaders to have a dedicated, professional environment for connectivity, discovery, and learning experiences. This is why I am so thrilled to bring STIMULATE to life and to further support this rapidly growing retail category,” shares Nicole Leinbach, Founder of and STIMULATE, as well as a longtime retail industry leader, author, and Professor of Retail Marketing at Columbia College Chicago. With the sexual wellness industry expected to reach 65+ Billion in global sales by 2026, STIMULATE looks forward to bringing vendors, manufacturers, distributors, and brands together to connect with retailers, online sellers, spas, salons, and more. This B2B trade show is unlike any other in the market and will include a variety of educational experiences designed specifically for retail operators. Retailers such as Target, Ulta Beauty, Walgreens, and Anthropologie have already welcomed sexual wellness into their inventory assortment, and STIMULATE wants to provide a destination for more retailers to both discover and learn how sexual wellness can be introduced into their own stores. STIMULATE+Educate: 20 Speaker Sessions As part of the STIMULATE, there will be over 20 complimentary sessions under the STIMULATE+Educate experience with speakers that include Rebecca Alvarez Story, who is the Founder of intimate care line Bloomi which can be found at Target, Saks Fifth Avenue, and other retailers, as well as the Senior Editor of Beauty Independent, Claire McCormack. Nationally renowned surgeon and Founder of both BeSpoke Surgical and Future Method, Dr. Evan Goldstein, will also be among the speakers presenting at STIMULATE+Educate. Additionally, his anal product care line Future Method will be exhibiting at STIMULATE, as well. View Full Speaker Agenda HERE “ I’ve been covering the rise of sexual wellness for several years, as many exciting brands entered the space and both investors and retailers began to accept the category as an integral part of wellness. I am excited to share my insights on trends I’m seeing in the space, the unique challenges sexual wellness brands continue to face, and what I think the future of the category looks like,” shares Beauty Independent’s Claire McCormack. Additionally, attendees of STIMULATE can look forward to exploring products from brands that include Bloomi, Champ Condoms, Sportsheets, NuSensuelle, Zalo Pleasure Products, and more. Debuting their brands for the first time ever include Dahlier - a genderless lingerie + intimate care line - and Sexpot Apothecary, an herb-based sexual health brand supporting libido, reproductive health, and more. Leiamoon, BLK Alchem y, and bido will also be among the emerging brands. " We are thrilled to connect with retailers at STIMULATE, as we continue to spread information about the powerful, transformative practice of vaginal steaming. At LEIAMOON, we seek to normalize conversations around the health and vitality of the most sensitive, creative, pleasure-centers of our bodies,” Jessica Pratt, Designer & Co-Founder of LEIAMOON LLC, explains. Expanding on their enthusiasm to join STIMULATE is John O’Keefe, Co-Founder of Champ Condoms. “ Team Champ is thrilled to be attending the inaugural Stimulate event this year. We’re looking forward to connecting with like-minded modern sex health brands and potential retail partners. We are also excited to hear from thought leaders like Claire McCormack.” One of the nation’s largest distributors of pleasure products, party supplies, and lingerie, Eldorado Trading, will also join STIMULATE as the exclusive exhibiting distributor. “ Eldorado is thrilled to partner with Retail Minded for the inaugural STIMULATE show in Nashville! We believe our expert distribution services and educational resources will prove to be a solid value for the attendees. We look forward to meeting with current customers to talk about growth opportunities as well as meeting with new customers to help their businesses diversify into the adult and sexual wellness categories,” shares CEO Wanda Garland. As part of the STIMULATE experience, attendees can look forward to an evening of live music and an open bar with a balcony view of Nashville’s famous Broadway Avenue hosted by Eldorado Trading. This STIMULATE+AfterHours experience will feature Nashville artist Aly Cutter. STIMULATE: A B2B Sexual Wellness Trade Show will take place July 24 & 25, 2023, in one of America’s most vibrant cities, Nashville, Tennessee. CONTACT INFORMATION: Media, vendors, and retailers* interested in participating in STIMULATE should email for more information. *Qualified retail buyers and their teams receive complimentary admission ABOUT RETAIL MINDED: PRODUCER of STIMULATE: A B2B Sexual Wellness Trade Show Retail Minded is an internationally recognized media company that is committed to delivering quality news, education and support specific to retailers and online sellers. Founded in 2007 by retail thought leader, author, and Professor Nicole Leinbach, Retail Minded introduces retailers to leading industry resources, merchant-specific news, and timely education to help commerce professionals thrive. Retail Minded proudly produces the Independent Retailers & Sellers Conference bi-annually in Las Vegas each year and works with a variety of retail- focused businesses throughout the world and will debut the nation’s first sexual wellness B2B trade show – STIMULATE – in 2023. Explore more about Retail Minded at Contact Details STIMULATE: A B2B Sexual Wellness Trade Show Taylor Stinnett +1 312-925-8562 Company Website

July 05, 2023 10:00 AM Eastern Daylight Time

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BSF Enterprise discusses sustainability with new approval to commercialize cultivated meat in US

BSF Enterprise

BSF Enterprise CEO Dr. Che Connan joined Proactive's Natalie Stoberman to discuss how the company is moving forward from its recent approval for the sale of cultivated meat in the United States. Dr. Connan said this approval also generates interest in BSF's intellectual property related to tissue engineering, particularly for cultured meat. He explained cultivated or cultured meat is produced in laboratories without harming animals while BSF's products closely resemble natural meat in appearance, smell, taste, and texture. BSF is focused on unlocking the next generation of biotechnological solutions by using cell-based tissue engineering to help generate cultured meat, lab-grown leather, as well as human corneas, collagen growth and skin substitutes, as part of a radical transformation to deliver sustainable solutions across a variety of sectors. Contact Details Proactive USA +1 347-449-0879

June 30, 2023 03:17 PM Eastern Daylight Time

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News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 Company Website

June 30, 2023 06:00 AM Eastern Daylight Time

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Taiga Motors revolutionizing powersport vehicles with electric innovation

Taiga Motors Corp

Taiga Motors CEO Samuel Bruno joined Proactive's Natalie Stoberman to share the company's production milestones for its fully electric powersport vehicles. Taiga is a Canadian company reinventing the powersports landscape with breakthrough electric off-road vehicles. Through a clean-sheet engineering approach, Taiga has pushed the frontiers of electric technology to achieve extreme power-to-weight ratios and thermal specifications required to outperform comparable high-performance combustion powersports vehicles. The first models released include a lineup of electric snowmobiles and personal watercraft to deliver on a rapidly growing demand from recreational and commercial customers who are seeking better ways to explore the great outdoors without compromise. Contact Details Proactive USA +1 347-449-0879

June 29, 2023 04:24 PM Eastern Daylight Time

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The Association of Pickleball Players ( APP ) has announced a groundbreaking partnership with Universal Tennis, the global market-leading racket sports technology and events company. The agreement sees Universal Tennis become the APP's official and exclusive ratings partner, providing deep experience of racquet sports ratings systems and analysis to all levels of APP players and events — from elite professionals, amateurs and recreational players, to Next Gen, seniors, and super seniors. Universal Tennis — the creator behind the UTR Rating, the world’s most accurate tennis rating — has recently adapted its rating algorithm and event management software for pickleball. Universal Tennis is harnessing its renowned expertise and technology solutions to offer innovative technology solutions for pickleball players, enabling them to have one home for all their pickleball needs including ratings, leagues, matchplay, tournaments, and more. Universal Tennis has launched the UTR Pickleball Rating (UTRP) to rate players on a scale of P1 (beginner), P2 (intermediate), P3 (advanced), or P4 (expert/professional). Using results from the APP, Universal Tennis will continue refining the algorithm and eventually adopt a numerical decimal rating similar to tennis for higher-level pickleball players. Players looking to join the community and get a free rating can click here. “At the heart of Universal Tennis are players, so we are delighted to be partnering with the APP, an organization which prides itself on its integrity and its core focus on serving players of all levels,” said Mark Leschly, Chairman and CEO of Universal Tennis. “Pickleball is played by millions of people in America, and increasingly around the world, and now we have the opportunity to bring Universal Tennis’ experience, knowledge, and tried-and-tested systems to the APP to establish the benchmark for ratings and rankings systems. Universal Tennis also has vast experience, knowledge, and skills in creating and managing successful racquet sports events, which we will now add to the APP team.” “This is a historic day for pickleball, welcoming Universal Tennis, the worldwide market leader in tennis ratings, rankings, and player-focused events, into the APP family,” said Brian Graybill, President of Intersport, co-owner of the APP. “We have ambitious plans for the expansion of the APP, bringing significant new investment and resources into our organization to help raise the profile of the players and events. Universal Tennis will help supercharge those plans, bringing unrivaled experience and technology to help us achieve our goals and help players maximize their potential, on and off-court.” The 2023 APP tournament schedule has already featured six standout events in 2023, including the most recent tournament, The Boca Raton 2023 APP New York City Open at the Billie Jean King National Tennis Center in New York which attracted more than 1,200 players. The latest APP Tour stop, the 2023 APP Newport Beach Open, is the largest event in the APP’s history, featuring more than 1,400 pro and amateur players, competing over six days in one of the premier pickleball venues worldwide. APP Tour events are televised on ESPN2 or CBS Sports Network, and livestreamed on ESPN+ or APPTV on YouTube and Facebook. About the APP Founded in 2019, the Association of Pickleball Players (APP) serves professionals, senior professionals, amateurs and recreational players in the fastest growing sport in the USA. The first and only tour officially sanctioned by USA Pickleball, the 2023 APP Tour slate has 16 announced tournament stops, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of pickleball champions through its Next Gen Series and other youth initiatives. To stay updated on the APP, visit, and follow us on Instagram, Twitter, TikTok, Facebook and LinkedIn. About Universal Tennis The mission of Universal Tennis is to connect and grow the sports of tennis and pickleball with innovative events and a global digital marketplace centered around level-based play. The Universal Tennis Engagement Platform is anchored by the UTR Rating, the world’s most accurate singles and doubles tennis rating system. Universal Tennis provides the tools and solutions to make the UTR Rating relevant and valuable to players, coaches, and organizers in their local tennis communities. Universal Tennis is creating opportunities and pathways, including the UTR Pro Tennis Tour, for players from all over the world, in all stages of life, to find better matches and unlock a more fun and flexible tennis experience. New since 2023, Universal Tennis is offering one home for tennis and pickleball, beginning a new chapter by bringing pickleball rating and technology solutions to another racquet sport. Universal Tennis enables its customers to use its UTR Pickleball Rating and event management software to create accessible, competitive level-based events. Go to to join the global tennis and pickleball community. Follow @UniversalTennis to learn more. Contact Details The APP Daniel Sagerman +1 847-800-8182 Universal Tennis Ben Makarenko Company Website

June 29, 2023 12:00 PM Pacific Daylight Time

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