Sphere 3D Corp. 8-K

What Happened Sphere 3D Corp. (ANY) filed an 8-K (Items 3.03, 5.03 and 7.01) disclosing that it effected a 1-for-10 share consolidation of its issued and outstanding common shares. The Articles of Amendment became effective February 9, 2026, and the company’s common shares began trading on a consolidation-adjusted basis on the Nasdaq Capital Market at the open on February 10, 2026. A press release dated February 6, 2026 was also furnished.

Key Details

• Consolidation ratio: 1-for-10 (every ten existing common shares converted into one new common share).
• Effective date of Amendment: February 9, 2026; Nasdaq trading adjusted: February 10, 2026.
• Board approval timeline: shareholders approved the consolidation range on May 29, 2025; the Board fixed the 1-for-10 ratio on February 2, 2026.
• No fractional shares will be issued; any resulting fractional share will be rounded up to the nearest whole share.
• New CUSIP after consolidation: 84841L506; trading symbol remains “ANY.”
• Transfer agent (TSX Trust Company) is acting as exchange agent and has sent instructions to shareholders for exchanging certificates.

Why It Matters The share consolidation reduces the number of outstanding common shares and will proportionally increase the per‑share trading price and per‑share metrics. Shareholders should follow the transfer agent’s exchange instructions for certificates and note the new CUSIP. The filing and related press release provide the official record of the consolidation and the mechanics for shareholders.