Sphere 3D Corporation has been notified by Nasdaq that it has until March 2, 2026, to regain compliance with the minimum bid price requirement, as its common shares have been trading below the $1.00 per share threshold. The company was initially given until September 2, 2025, to address this issue but was granted an additional 180-day period. Sphere 3D Corporation is considering implementing options, such as a reverse stock split, to meet the compliance criteria. If the company fails to comply by the March 2026 deadline, it risks delisting from the Nasdaq Capital Market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sphere 3D Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-25-015360), on September 05, 2025, and is solely responsible for the information contained therein.