{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-26-003037","form_type":"8-K","ticker":"ANY","cik":"0001591956","company_name":"Sphere 3D Corp.","filed_at":"2026-06-03T21:08:57+00:00","discovered_at":"2026-06-03T21:10:00.323446+00:00","generated_at":"2026-06-03T21:11:16.067734+00:00","sec_items":["1.01","5.02","2.01","3.02","5.03","3.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sphere 3D completes acquisition of Cathedra Bitcoin; Block appointed CEO, board reconstituted","bullets":["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 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}