Company: ANY
Filing Date: 2025-01-03
Form Type: 424B5
Source: 0001062993-25-000228
Chunk: 12

Company: Sphere 3D Corp.
Filing Date: 2025-01-03
Form: 424B5
Chunk 12
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 is incorporated by reference herein.

|                                                                                                                         |   |                                                      As of 
                                         September 30, 2024 
 (in thousands, except number of shares and per value data) |   |   |             |   |
|:------------------------------------------------------------------------------------------------------------------------|:--|-----------------------------------------------------------:|:--|:--|------------:|:--|
|                                                                                                                         |   |                                                     Actual |   |   | As Adjusted |   |
| Cash and cash equivalents                                                                                               | $ |                                                      4,950 |   | $ |      18,101 |   |
| Temporary Equity:                                                                                                       |   |                                                            |   |   |             |   |
| Preferred Stock - no par value; unlimited shares authorized, 11,132 issued and outstanding, actual and as adjusted      | $ |                                                      4,858 |   | $ |          18 |   |
| Shareholders' Equity:                                                                                                   |   |                                                            |   |   |             |   |
| Common Stock - no par value; unlimited shares authorized; 20,940,530 and 33,374,119 outstanding, actual and as adjusted | $ |                                                    487,262 |   | $ |     505,253 |   |
| Accumulated other comprehensive loss                                                                                    |   |                                                     (1,814 | ) |   |      (1,814 | ) |
| Accumulated deficit                                                                                                     |   |                                                   (449,600 | ) |   |    (449,600 | ) |
| Total shareholders' equity                                                                                              | $ |                                                     35,848 |   | $ |      53,839 |   |

The foregoing table is based on 20,940,530 common shares outstanding as of September 30, 2024, and, excludes, as of such date, the following:

<div align='center'>PS-8

DILUTION</div>

Our net tangible book value as of September 30, 2024 was approximately $37.2 million, or $1.78 per share. We calculate net tangible book value per share by dividing our net tangible book value, which is tangible assets less total liabilities, by the number of outstanding common shares. Dilution in net tangible book value per share represents the difference between the amount per share paid by the purchaser of common shares in this offering and the as adjusted net tangible book value per common share immediately after giving effect to this offering.

After giving further effect to equity issuances and financings between September