공시 • Mar 06
Sphere 3D Corp. (NasdaqCM:ANY) entered into a definitive agreement to acquire Cathedra Bitcoin Inc. (TSXV:CBIT) for approximately CAD 7.1 million. Sphere 3D Corp. (NasdaqCM:ANY) entered into a definitive agreement to acquire Cathedra Bitcoin Inc. (TSXV:CBIT) for approximately CAD 7.1 million on March 5, 2026. Upon completion of the Transaction, Cathedra security holders will receive common shares of Sphere and/or securities exercisable or convertible into Sphere Common Shares totaling approximately 49% of al of the issued and outstanding share capital of Sphere immediately following closing on a partially diluted basis. The combined company is expected to retain Sphere's name and listing on NASDAQ under the symbol "ANY". Holders of Cathedra subordinate voting shares ("Cathedra SV Shares") will receive 0.123014 of a Sphere Common Share for each Cathedra SV Share held and holders of Cathedra multiple voting shares will receive 12.3014 Sphere Common Shares for each Cathedra MV Share held.
Upon closing of the Transaction and subject to applicable approvals, the combined company’s board of directors is expected to include Tim Hanley (Chair), Marcus Dent, Kurt Kalbfleisch, Nicholas Gates, and Joel Block, while the management team will consist of Joel Block as Chief Executive Officer, Kurt Kalbfleisch as Chief Financial Officer, and Tiah Reppas as Chief Accounting Officer.
The transaction is subject to British Columbia Supreme Court approval, approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by acquirer board, approval of offer by target shareholders, and approval by 66?% of the votes cast by holders of Cathedra SV Shares, Cathedra MV Shares, Cathedra warrants, Cathedra stock options and Cathedra restricted share units, voting as a single class. The board of directors of Cathedra and Sphere have unanimously approved the transaction.
DuMoulin Black LLP acted as legal advisor for Cathedra Bitcoin Inc. Greenberg Traurig, LLP acted as legal advisor for Cathedra Bitcoin Inc. Evans & Evans, Inc. acted as fairness opinion provider for Cathedra Bitcoin Inc. Meretsky Law Firm acted as legal advisor for Sphere 3D Corp. Pryor Cashman LLP acted as legal advisor for Sphere 3D Corp. Rosenblatt Securities Inc. acted as fairness opinion provider for Sphere 3D Corp. Second Gate Advisory LLC is acting as strategic advisor to Sphere. 공시 • Dec 04
Cathedra Bitcoin Inc. announced that it has received CAD 0.5375 million in funding Cathedra Bitcoin Inc. announced a non-brokered private placement to issue 430,000 units at an issue price of CAD 1.25 for gross proceeds of CAD 537,500 on December 3, 2025. Each unit consists of one subordinate voting share and one subordinate voting share purchase warrant, with each warrant entitling the holder thereof to acquire one additional subordinate voting share at an exercise price of CAD 1.88 per share for a period of two years following closing of the offering. 공시 • Oct 10
Cathedra Bitcoin Inc., Annual General Meeting, Dec 12, 2025 Cathedra Bitcoin Inc., Annual General Meeting, Dec 12, 2025. Location: british columbia, vancouver Canada Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Marty Dent was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 19
Cathedra Bitcoin Inc. announced that it expects to receive CAD 2.5 million in funding Cathedra Bitcoin Inc. announced a non-brokered private placement that it will issue 25,000,000 units of the Company at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 2,500,000 on September 19, 2024. Each Unit will consist of one subordinate voting share in the capital of the company and one Share purchase warrant. The Warrants shall have an expiry date of 5 years from the date of issue, and tiered exercise prices such that, of the Warrants underlying the Units subscribed for by each purchaser, 25% shall have an exercise price of CAD 0.12, 25% shall have an exercise price of CAD 0.14, 25% shall have an exercise price of CAD 0.16 and 25% shall have an exercise price of CAD 0.20. The closing date of the Offering is expected to occur on or about October 9, 2024 or such later date or dates as the Company may determine, and are subject to certain conditions including, but not limited to, the receipt of all necessary approvals including conditional approval from the TSX Venture Exchange. In consideration of the services to be rendered by one or more finders in connection with the Offering, the Company may pay to a Finder a commission consisting of a cash fee of 6% of the aggregate gross proceeds of the Offering raised from subscribers introduced to the Corporation by such Finder, payable on the Closing Date, and such number of finders' warrants bearing the same terms as the Warrants, to such Finder as is equal to 6% of the number of Units subscriber for by subscribers introduced to the Company by such Finder. Board Change • Aug 07
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Marty Dent was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.