{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-26-001384","form_type":"8-K","ticker":"ANY","cik":"0001591956","company_name":"Sphere 3D Corp.","filed_at":"2026-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.575203+00:00","generated_at":"2026-05-15T14:48:24.049834+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sphere 3D to acquire Cathedra Bitcoin in all-stock deal; Cathedra holders get ~49% of combined firm","bullets":["Cathedra shareholders receive ~49% of Sphere's outstanding shares on partially diluted basis as consideration.","Exchange ratio: 0.123014 Sphere shares per Cathedra SV share; 12.3014 per MV share.","Combined company retains Sphere name, NASDAQ listing (ANY); initial 53 MW power across 5 data centers.","Requires 66-2/3% Cathedra vote, majority Sphere vote, court approval; expected close by Sept 30, 2026.","Post-closing board: Tim Hanley, Marcus Dent, Kurt Kalbfleisch, Joel Block, Nicholas Gates; CEO Joel Block."],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-26-001384","json":"https://secwatch.observer/filing/0001062993-26-001384.json","markdown":"https://secwatch.observer/filing/0001062993-26-001384.md","text":"https://secwatch.observer/filing/0001062993-26-001384.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591956/000106299326001384/0001062993-26-001384-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591956/000106299326001384/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:48:24.049834+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"75c0a56c24d242c5bee106c19ee0960e457657c2","claim":"Sphere 3D Corp. entered into Arrangement Agreement with Cathedra Bitcoin Inc. (effective 2026-03-05).","evidence_excerpt":"On March 5, 2026, Sphere 3D Corp., a company existing under the laws of the Province of Ontario, Canada (\" Sphere \"), S3D Acquisition Corp., a company existing under the laws of the Province of British Columbia, Canada and a wholly-owned subsidiary of Sphere (\" Amalco Sub \"), and Cathedra Bitcoin Inc., a company existing under the laws of the Province of British Columbia, Canada (\" Cathedra \"), entered into an Arrangement Agreement (the \" Arrangement Agreement \")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1591956/000106299326001384/0001062993-26-001384-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Cathedra Bitcoin Inc."},{"label":"Effective","value":"2026-03-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}