Company: ANY
Filing Date: 2025-01-03
Form Type: 424B5
Source: 0001062993-25-000228
Chunk: 21

Company: Sphere 3D Corp.
Filing Date: 2025-01-03
Form: 424B5
Chunk 21
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 that ends on and includes the date of this prospectus. Pursuant to General Instruction I.B.6 of Form S-3, in no event will we sell securities registered on this registration statement in a public primary offering with a value exceeding more than one-third of our public float in any 12-month period so long as our public float remains below $75 million (the "Baby Shelf Limitation").

Investing in our securities involves risks. See the "Risk Factors" section on page 11 of this prospectus, and those contained in the applicable prospectus supplement, any related free writing prospectus and the documents we incorporate by reference in this prospectus to read about factors you should consider before investing in our securities.

This prospectus may not be used to offer or sell any securities unless accompanied by a prospectus supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of the disclosures in this prospectus, including any prospectus supplement and documents incorporated by reference. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is October 10, 2024

TABLE OF CONTENTS</div>

| ABOUT THIS PROSPECTUS                             |  1 |
| WHERE YOU CAN FIND MORE INFORMATION ABOUT US      |  2 |
| INCORPORATION OF DOCUMENTS BY REFERENCE           |  3 |
| SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS |  4 |
| OUR COMPANY                                       |  5 |
| RISK FACTORS                                      | 13 |
| USE OF PROCEEDS                                   | 38 |
| CAPITALIZATION                                    | 38 |
| DILUTION                                          | 38 |
| ENFORCEABILITY OF CIVIL LIABILITIES               | 38 |
| TAXATION                                          | 38 |
| DESCRIPTION OF SHARE CAPITAL                      | 38 |
| DESCRIPTION OF COMMON SHARES                      | 35 |
| DESCRIPTION OF PREFERRED SHARES                   | 53 |
| DESCRIPTION OF DEBT SECURITIES                    | 53 |
| DESCRIPTION OF WARRANTS                           | 56 |
| DESCRIPTION OF UNITS                              | 58 |
| PLAN OF DISTRIBUTION                              | 58 |
| LEGAL MATTERS                                     | 61 |
| EXPERTS                                           | 61 |

<div align='center'>ABOUT THIS PROSPECTUS</div>

You should read this prospectus and any prospectus supplement together with the additional information described under the heading "Where You Can