Sphere 3D Corp. Amends ATM Sales Agreement, Adds Maxim; $10.3M Offering

What Happened Sphere 3D Corp. (ANY) announced on July 31, 2026 that it entered into an Amended and Restated Sales Agreement with A.G.P./Alliance Global Partners and added Maxim Group LLC as a sales agent. The A&R Sales Agreement permits the at-the-market (ATM) sale of common shares having an aggregate offering price up to $10,300,000 under the company’s Form S-3 registration statement and a prospectus supplement filed July 31, 2026. The A&R Agreement otherwise retains the material terms of the prior sales agreement.

Key Details

• A.G.P. and Maxim are the sales agents under the A&R Sales Agreement, dated July 31, 2026.
• Placement Shares authorized: up to $10,300,000 in aggregate offering price (ATM sales).
• The company previously had a prospectus supplement dated January 3, 2025 covering up to $8,000,000; through July 30, 2026 Sphere 3D sold 2,172,789 common shares for approx. $5,131,036 gross proceeds.
• The Prior Prospectus Supplement was terminated and superseded effective July 31, 2026; the A&R Sales Agreement and prospectus supplement replace it. The A&R Sales Agreement is filed as Exhibit 10.1 to the 8-K.

Why It Matters The filing updates Sphere 3D’s ability to raise capital through an at-the-market equity program by adding a new sales agent and increasing the placement capacity to $10.3M. For investors, this affects the company’s pathway to access equity financing (which can dilute existing shareholders) and provides the company flexibility to raise funds as market conditions allow. The 8-K is informational and does not constitute an offer to sell securities.