---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-014930"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2023-07-17T23:59:59+00:00"
generated_at: "2026-06-13T07:41:52.867321+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sphere 3D regains Nasdaq bid price compliance; mined 65.1 BTC in June 2023, down 16% MoM

## Summary
- Nasdaq notified on July 14 that Sphere 3D regained compliance with minimum bid price rule after 10 consecutive days above $1.00.
- Bitcoin mined in June: 65.1 BTC, down 16% from May 2023 but up 434% YoY.
- Month-end operating hash rate at 1.0 EH/s; uptime 86% due to curtailments at Texas and Missouri hosting sites.
- Mining revenue: $1.8M; sold 67.2 BTC; held 20.2 BTC at month-end.
- Additional 2,400 miners arrived in early July at Texas site, expected to bring total hash rate to 1.3 EH/s.

## SEC filing metadata
- accession: 0001062993-23-014930
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2023-07-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591956/000106299323014930/0001062993-23-014930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299323014930/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-014930
- JSON: https://secwatch.observer/filing/0001062993-23-014930.json
- Plain text: https://secwatch.observer/filing/0001062993-23-014930.txt

## Key facts
- Listing & Compliance Notices
  Sphere 3D Corp. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: July 14, 2023, the Company received written notice from Nasdaq informing the Company that it has regained compliance with Rule 5550(a)(2) and this matter is now closed. On July 17, 2023, the Company issued a press release disclosing the listing notification letter from Nasdaq. The information contained in the press release is incorporated herein by reference and furnished as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591956/000106299323014930/0001062993-23-014930-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.