Sphere 3d CORP

Market Movers (8-K)

NASDAQ
Sphere 3D Corp. has amended its sales agreement with A.G.P./Alliance Global Partners to include Maxim Group LLC as a sales agent, allowing for up to $10.3 million in common share offerings.
Capital raise
NASDAQ
Sphere 3D Corp. has finalized its acquisition of Cathedra Bitcoin Inc., creating a larger data infrastructure platform with 53 MW of operational capacity.
NASDAQ
Sphere 3D Corp. announced shareholder approval for its business combination with Cathedra Bitcoin Inc., paving the way for a combined entity with over 50 MW of power infrastructure.
NASDAQ
Sphere 3D reports a reduced net loss of $4.1 million for Q1 2026 as it completes a fleet refresh and pursues a merger with Cathedra Bitcoin.
NASDAQ
Sphere 3D Corp. announced the results of its Annual Meeting of Shareholders, confirming board size, director elections, and auditor ratification.
NASDAQ
Sphere 3D and Cathedra Bitcoin provided a progress update on their proposed business combination, which remains on track to close in the near term.

Quarterly Earnings (10-Q)

NASDAQ
Sphere 3D Corp. reported a net loss of $4.2 million for Q3 2025 and $11.4 million for the nine months, driven by strategic fleet refresh and the Bitcoin halving, while raising $4.1 million post-quarter.
Delay expected
Worse than expected
Capital raise
NASDAQ
Sphere 3D Corp. reported a significant revenue decline and a going concern warning in its latest 10-Q filing, despite strategic shifts in its Bitcoin mining operations.
Capital raise
Worse than expected
NASDAQ
Sphere 3D Corp. reports a decrease in revenue for Q1 2025 due to reduced mining capacity and a strategic shift towards newer generation machines and lower-cost hosting sites.
Worse than expected
Capital raise
NASDAQ
Sphere 3D Corp. reported a net income of $104,000 for Q3 2024, a significant improvement compared to a net loss of $6.3 million in Q3 2023, while navigating a strategic shift in its mining operations.
Worse than expected
Capital raise
NASDAQ
Sphere 3D Corp. reported a net income of $2.124 million for Q2 2024, a significant improvement compared to a net loss of $4.827 million in Q2 2023, despite a decrease in revenue due to the Bitcoin halving event and miner relocation.
Better than expected
Delay expected
Capital raise
NASDAQ
Sphere 3D Corp. saw a significant increase in Bitcoin mining revenue in Q1 2024, but faces substantial doubt about its ability to continue as a going concern without additional funding.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Sphere 3D Corp. reports a significant decrease in Bitcoin mining revenue and a net loss for 2025, alongside strategic moves including a merger agreement with Cathedra Bitcoin and a reverse stock split, while facing substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
NASDAQ
Sphere 3D's 2024 annual report reveals a year of strategic transition, marked by decreased revenue, a focus on Bitcoin mining efficiency, and efforts to secure its financial future amidst a volatile cryptocurrency market.
Delay expected
Worse than expected
Capital raise
NASDAQ
Sphere 3D Corp. saw a significant increase in Bitcoin production in 2023 but faces financial challenges and going concern uncertainty.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Sphere 3D Corp. reports a grant of 30,000 restricted stock units to Chief Accounting Officer Tiah Reppas, with vesting scheduled through June 2028.
NASDAQ
Sphere 3D Corp. reports a grant of 250,000 restricted stock units to Director Kurt L. Kalbfleisch, with vesting scheduled through June 2028.
NASDAQ
Sphere 3D Corp. reports a grant of 50,000 restricted stock units to Director Timothy P. Hanley, with vesting scheduled for June 1, 2027, subject to acceleration under specific conditions.
NASDAQ
Nicholas Ray Gates, a Director at Sphere 3D Corp., was granted 50,000 restricted stock units (RSUs) on June 8, 2026, vesting fully on June 1, 2027.
NASDAQ
Sphere 3D Corp. reports a grant of 50,000 restricted stock units to Director Marcus E. Dent, vesting in June 2027.
NASDAQ
Sphere 3D Corp. announces an inducement grant of 500,000 restricted stock units to CEO Joel M. Block, with vesting scheduled through June 2028.

Proxy Statements (Def-14A)

NASDAQ
Sphere 3D Corp. is holding a special shareholder meeting on August 24, 2026, to vote on a proposed continuance to British Columbia and a potential name change to DarkHorse Technologies Inc.
NASDAQ
Sphere 3D Corp. announced a Special Meeting of Shareholders on January 15, 2026, to vote on a warrant inducement transaction, a potential name change, and meeting adjournments.
Capital raise
NASDAQ
Sphere 3D Corp. calls a special shareholder meeting to approve a warrant inducement transaction that raised $4.1 million and a name change to reflect its cryptocurrency mining focus.
Capital raise
NASDAQ
Sphere 3D Corp. will hold its annual and special meeting of shareholders on May 29, 2025, to vote on director elections, auditor ratification, an incentive plan, and a potential share consolidation.
NASDAQ
Sphere 3D Corp. is holding a special and annual meeting of shareholders to vote on key proposals including the election of directors, approval of a performance incentive plan, and a potential consolidation of the company's common shares.
Worse than expected
NASDAQ
Sphere 3D Corp. has filed definitive additional materials related to its proxy statement with the SEC.

Schedule 13D - Activist Investments

NASDAQ
Endeavor Blockchain, LLC, managed by Joshua Kilgore, has reported a beneficial ownership of 500,000 shares, representing 6.5% of Sphere 3D Corp.'s outstanding common stock.

Schedule 13G - Passive Investments

NASDAQ
Jialin Qu and Togetsu Trust report beneficial ownership of 6.2% of Sphere 3D Corp. common shares following an acquisition.
NASDAQ
Thomas Masiero and associated trusts report beneficial ownership of 6.7% of Sphere 3D Corp. common shares following a corporate acquisition.
NASDAQ
Armistice Capital, LLC and Steven Boyd have filed an amended Schedule 13G, disclosing beneficial ownership of 4.99% of Sphere 3D Corp.'s Common Shares.
NASDAQ
Armistice Capital, LLC and Steven Boyd have increased their beneficial ownership in Sphere 3D Corp. to 7.05% of common shares.
NASDAQ
Armistice Capital, LLC and Steven Boyd have disclosed a beneficial ownership of 9.99% of Sphere 3D Corp.'s common shares, totaling 2,660,745 shares, as of March 31, 2025.
NASDAQ
Armistice Capital, LLC and its managing member Steven Boyd have disclosed a beneficial ownership of 9.99% of Sphere 3D Corp.'s Common Shares as of December 31, 2024.