Sphere 3D and Cathedra advancing combination to create 53 MW data center platform

Sphere 3D Corp.

Transaction remains expected to close in near term pending customary conditions and approvals.
Combined company to initially operate 53 MW of managed power across five data centers in Iowa, Kentucky, Tennessee.
Cathedra's Shire site (KY) has new hosting agreement utilizing ~80% of 15 MW capacity, providing forward revenue visibility.
Cathedra received conditional TSXV acceptance on April 30, 2026; definitive proxy statement mailed April 17.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.