Sphere 3D Corporation

Recent News

  • Gryphon Digital Mining and Sphere 3D Corp Announce Agreement to Purchase 250,000 Carbon Offset Credits

    Miami, Florida--(Newsfile Corp. - June 9, 2021) - Gryphon Digital Mining and Sphere 3D (NASDAQ: ANY), which recently entered into an Agreement and Plan of Merger, today announced that they have entered into an agreement to purchase 250,000 Certified Emission Reductions ("CERs" or "Credits"), with each company purchasing 125,000 credits, subject to closing conditions (as further defined below). These credits will not only support ESG commitments in achieving net-zero emissions for the parties, but will allow Gryphon to become the...

    2021-06-09 7:00 AM EDT
  • Sphere 3D Corp. Announces Merger Agreement with Gryphon Digital Mining, Inc.

    Toronto, Ontario--(Newsfile Corp. - June 3, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization and data management solutions announces that it has entered into an Agreement and Plan of Merger with Gryphon Digital Mining, Inc. ("Gryphon"), a privately-held company focused on the mining of bitcoin using renewable energy. Upon completion of the merger, the Company will change its name to Gryphon Digital Mining, Inc. "Gryphon's future focus on mining using...

    2021-06-03 9:26 AM EDT
  • Sphere 3D Corp. to Debut Its First Mining Solution for Cryptocurrencies: SnapMine

    Toronto, Ontario--(Newsfile Corp. - May 28, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization and data management solutions, announced today an expansion of its SnapServer line to include solutions for cryptocurrency mining, called SnapMine, to be available in Q3 2021. Leveraging the SnapServer brand, that has been delivered for the last 20 years, SnapMine is designed as a cost-effective plug-and-play mining solution allowing users to start cryptocurrency mining quickly and easily,...

    2021-05-28 8:00 AM EDT
  • Sphere 3D Corp. Announces Closing of $7.9 Million Public Offering and Partial Exercise of Overallotment Option

    Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") announced today the closing of its underwritten public offering of 5,600,000 common shares at a price to the public of $1.25 per share. In addition, Sphere 3D granted to Maxim Group LLC a 45-day option to purchase up to an additional 840,000 common shares, at the public offering price less underwriting discounts and commissions, of which Maxim Group LLC has exercised...

    2021-05-27 1:15 PM EDT
  • Sphere 3D Corp. Announces Pricing of $7.0 Million Public Offering of Common Shares

    Toronto, Ontario--(Newsfile Corp. - May 24, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") announced today the pricing of its underwritten public offering of 5,600,000 common shares at a price to the public of $1.25 per share for gross proceeds of $7.0 million.Maxim Group LLC is acting as sole book-running manager in connection with the offering.Sphere 3D also has granted the underwriters a 45-day option to purchase up to an additional 840,000 common shares, at the...

    2021-05-24 8:37 PM EDT
  • Sphere 3D Reports First Quarter Fiscal Year 2021 Financial Results

    Toronto, Ontario--(Newsfile Corp. - May 14, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization, and data management solutions, today reported financial results for its first quarter ended March 31, 2021. First Quarter 2021 Financial Results:Our results for first quarter 2021 were as follows:Revenue for the first quarter of 2021 was $0.9 million, compared to $1.0 million for the first quarter of 2020.Gross margin for the first quarter of 2021 was...

    2021-05-14 5:12 PM EDT
  • Sphere 3D Corp. Sponsors Minority Equality Opportunities Acquisition Inc., a SPAC Targeting Historically Undercapitalized Minority Businesses

    Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") announced the submission of a confidential draft registration statement with the Securities and Exchange Commission to sponsor Minority Equality Opportunities Acquisition Inc. (“MEOA”), a special-purpose acquisition company, or SPAC, dedicated to investing in minority-owned and controlled businesses with an initial funding target of $100 million.Sphere 3D's sponsorship of MEOA is part of the Company's dedication to position minority business enterprises ("MBEs") - companies...

    2021-05-12 7:30 AM EDT
  • Sphere 3D Corp. Files Registration Statement

    Toronto, Ontario--(Newsfile Corp. - April 27, 2021) -  Sphere 3D Corp. (NASDAQ: ANY) ("Company" or "Sphere 3D") announced today that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission ("SEC") for a public offering of its common shares. The number of common shares to be offered and the price per share has not yet been determined. Sphere 3D plans to use the proceeds from the offering for working capital, general corporate purposes and to...

    2021-04-27 6:24 AM EDT