# Sphere 3D Corp. (ANY) — capital_raise/rights_offering [terminated]
Source: SEC API (secapi.ai) · situation sit_c4ffbc18630e2979fb46 · retrieved 2026-08-11T15:59:14.601Z

## Overview
Sphere 3D Corp. is an Ontario corporation engaged in finance services.

On August 7, 2026, Sphere 3D Corp.'s board adopted a shareholder rights plan agreement effective August 10, 2026, with TSX Trust Company as rights agent. One right is issued for each outstanding voting share as of August 20, 2026 (the Record Time), and one right for each voting share issued thereafter until the earlier of the Separation Time or Expiration Time (August 10, 2027). The rights plan is triggered by a "Take-over Bid" defined as an offer to acquire voting shares that, if successful, would result in the offeror beneficially owning 20% or more of outstanding voting shares. Upon a Flip-in Event (when a person becomes an Acquiring Person), each right holder (except the Acquiring Person) may purchase common shares having a value equal to twice the exercise price for an amount equal to the exercise price. The board may redeem all rights at $0.00001 per right prior to the later of the Share Acquisition Date and Separation Time, subject to shareholder consent.

## Terms
- Counterparty: TSX Trust Company · Deal value: $10.3M · Consideration: cash

## Key dates
- Announced 2026-08-10 · Record 2026-08-20 · Expiry 2027-08-10 · Terminated 2026-07-31

## Timeline
- 2026-07-31 · 8-K (0001062993-26-003959): 8-K - Sphere 3D Corp. — *Sphere 3D Corp. is a finance services company that conducts at-the-market equity offerings of its common shares through registered sales agents.* Sphere 3D Corp. entered into an Amended and Restated Sales Agreement on July 31, 2026, with A.G.P./Alliance Global Partners and Maxim Group LLC as sales agents. The agreement amends the original January 3, 2025 sales agreement to add Maxim as a co-agent and provides for the issuance and sale of up to $10,300,000 in common shares through at-the-market offerings under the Company's Form S-3 registration statement (File No. 333-269663). The prior prospectus supplement covering $8,000,000 in offerings was terminated effective July 31, 2026, and replaced by the new prospectus supplement filed the same date.
  https://www.sec.gov/Archives/edgar/data/1591956/0001062993-26-003959.txt
- 2026-08-10 · 8-K (0001062993-26-004117): 8-K - Sphere 3D Corp. — *Sphere 3D Corp. is an Ontario corporation engaged in finance services.* On August 7, 2026, Sphere 3D Corp.'s board adopted a shareholder rights plan agreement effective August 10, 2026, with TSX Trust Company as rights agent. One right is issued for each outstanding voting share as of August 20, 2026 (the Record Time), and one right for each voting share issued thereafter until the earlier of the Separation Time or Expiration Time (August 10, 2027). The rights plan is triggered by a "Take-over Bid" defined as an offer to acquire voting shares that, if successful, would result in the offeror beneficially owning 20% or more of outstanding voting shares. Upon a Flip-in Event (when a person becomes an Acquiring Person), each right holder (except the Acquiring Person) may purchase common shares having a value equal to twice the exercise price for an amount equal to the exercise price. The board may redeem all rights at $0.00001 per right prior to the later of the Share Acquisition Date and Separation Time, subject to shareholder consent.
  https://www.sec.gov/Archives/edgar/data/1591956/0001062993-26-004117.txt

## Citations
- 0001062993-26-003959 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000106299326003959
- 0001062993-26-004117 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000106299326004117