Mergers & Acquisitions ·
On September 1, 2026, Sphere 3D Corp. entered into a definitive agreement to sell its Iowa site to Simple mining, LLC…
ANYDarkHorse Technologies Inc.
On September 1, 2026, Sphere 3D Corp. entered into a definitive agreement to sell its Iowa site to Simple mining, LLC for $1.5 million, receiving $300,000 in cash and executing an interest-free promissory note for the remaining $1.2 million payable over 12 months. Concurrently, the company signed a binding term sheet with RepairBit, LLC to sell its entire legacy fleet of approximately 5,500 proprietary mining machines for aggregate proceeds of roughly $3.1 million, with deliveries occurring over a 90-day period starting September 1, 2026. Sphere 3D Corp. operates in the cryptocurrency mining industry.