Recent Updates — ANY
Sphere 3D Corp. entered into an Amended and Restated Sales Agreement with A.G.P./Alliance Global Partners and Maxim Group LLC to conduct at-the-market offerings of up to $10,300,000 in common shares. This agreement supersedes the original January 2025 arrangement, which had generated approximately $5.1 million from the sale of over 2.17 million shares through July 30, 2026. The company terminated the prior offering effective July 31, 2026, to facilitate this new capital raise structure. Sphere 3D Corp. operates in the technology sector, specializing in the design and manufacturing of immersive LED display solutions.
Sphere 3D Corp. completed the acquisition of Cathedra Bitcoin Inc. on June 1, 2026, issuing 2,405,300 common shares and 1,387,117 Series I Preferred Shares. Joel Block was appointed CEO with a $425,000 base salary and a $1.6 million retention bonus, while Kurt Kalbfleisch remains CFO with a $330,000 base salary and a $1,095,000 retention bonus. The company also created Series I Preferred Stock with an 8% annual PIK dividend for 36 months.