Sphere 3D amends ATM equity sales agreement, targets up to $10.3 million share offering

• Sphere 3D entered an amended and restated at-the-market equity distribution agreement, adding Maxim Group as sales agent alongside A.G.P.
• The program allows sales of up to USD 10.3 million of common shares under a Form S-3 prospectus supplement.
• The prior at-the-market program for up to USD 8 million was terminated; it sold 2,172,789 shares for about USD 5.13 million in gross proceeds.

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