Company: ANY
Filing Date: 2025-10-17
Form Type: 8-K
Source: 0001062993-25-016177
Chunk: 2

Company: Sphere 3D Corp.
Filing Date: 2025-10-17
Form: 8-K
Item: Item 3.02
Chunk 2
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Item 3.02 Unregistered Sales of Equity Securities.

The information contained above in Item 1.01 is hereby incorporated by reference into this Item 3.02. Based in part upon the representations of the Purchaser in the Inducement Agreement, the offering and sale of the New Warrants, and the common shares issuable upon exercise of the New Warrants, will be exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Regulation D promulgated thereunder ("Regulation D") and corresponding provisions of state securities or "blue sky" laws. The sale of the New Warrants and the common shares issuable upon exercise of the New Warrants by the Company has not been registered under the Securities Act or any state securities laws and such securities may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from the registration requirements. The sale of such securities did not involve a public offering and was made without general solicitation or general advertising. In the Inducement Agreement, the Purchaser represented that it is and on each date on which it exercises any New Warrant will be an accredited investor, as such term is defined in Rule 501(a) of Regulation D under the Securities Act, and it is acquiring the New Warrants for investment purposes only and not with a view to any resale, distribution or other disposition of the New Warrants in violation of the United States federal securities laws.

Item 8.01 Other Events.