8-K
filed June 3, 2026, 5:08 PM ET
ticker ANY
CIK 0001591956
M&A
confidence high
sentiment neutral
materiality 0.80
Sphere 3D completes acquisition of Cathedra Bitcoin; Block appointed CEO, board reconstituted
Sphere 3D Corp.
- Acquisition closed June 1, 2026: Cathedra becomes wholly-owned subsidiary; each Cathedra SV share exchanged for 0.123014 Sphere common shares.
- Joel Block named CEO; receives $425,000 base salary, 125% target bonus, 500,000 RSU inducement grant, and $1.6M cash retention bonus.
- Kurt Kalbfleisch remains CFO; amended agreement provides $330,000 base, 90% target bonus, $300K transaction bonus, $1.095M retention bonus.
- Board expanded: new directors Kurt Kalbfleisch, Marcus Dent, Joel Block, Nicholas Gates; Timothy Hanley appointed Chairman.
- Sphere created Series I Preferred Shares with no general voting rights, dividends payable annually on June 1.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Duncan McEwan resigned as director at Sphere 3D Corp..
- Action
- resigned
Exact text from the filing
Duncan McEwan and Susan Harnett resigned from the board of directors of Sphere
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kurt Kalbfleisch was appointed as director at Sphere 3D Corp..
- Action
- appointed
Exact text from the filing
Kurt Kalbfleisch, Marcus Dent, Joel Block and Nicholas Gates have been appointed to the Sphere Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joel Block was appointed as Chief Executive Officer at Sphere 3D Corp..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
Joel Block, age 42, was appointed Sphere's Chief Executive Officer effective as of the Closing Date
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nicholas Gates was appointed as director at Sphere 3D Corp..
- Action
- appointed
Exact text from the filing
Kurt Kalbfleisch, Marcus Dent, Joel Block and Nicholas Gates have been appointed to the Sphere Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Timothy Hanley was appointed as Chairman at Sphere 3D Corp..
- Action
- appointed
- Role
- Chairman
Exact text from the filing
Timothy Hanley, has been appointed Chairman
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Joel Block was appointed as director at Sphere 3D Corp..
- Action
- appointed
Exact text from the filing
Kurt Kalbfleisch, Marcus Dent, Joel Block and Nicholas Gates have been appointed to the Sphere Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Marcus Dent was appointed as director at Sphere 3D Corp..
- Action
- appointed
Exact text from the filing
Kurt Kalbfleisch, Marcus Dent, Joel Block and Nicholas Gates have been appointed to the Sphere Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Susan Harnett resigned as director at Sphere 3D Corp..
- Action
- resigned
Exact text from the filing
Duncan McEwan and Susan Harnett resigned from the board of directors of Sphere
View on SEC.gov
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