OTC : CBTTF
$0.09 (25.16%)
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Sphere 3D and Cathedra Bitcoin Announce Closing of Business Combination
Combination creates a scaled data infrastructure platform with 53megawatts of operating capacity and a 100mw+ expansion pipeline; Combined company retains Sphere 3D's name and US listing (ANY) Toronto, Ontario and Stamford, Connecticut--(Newsfile Corp. - June 1, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere") and Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra" and together with Sphere, the "Parties") today announced that they have completed the previously announced plan of arrangement (the "Transaction") pursuant to which Sphere acquired all of the issued and outstanding shares of Cathedra under the arrangement agreement entered into on March 5, 2026 (the "Agreement"), and Cathedra is now a wholly-owned subsidiary of Sphere (Sphere, together with Cathedra and their subsidiaries following completion of the Transaction, the "Combined Company"). The Transaction was completed by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). newsfilecorp.com - 2026-06-01 07:00:00 |
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Sphere 3D and Cathedra Bitcoin Announce Closing of Business Combination
Combination creates a scaled data infrastructure platform with 53megawatts of operating capacity and a 100mw+ expansion pipeline; Combined company retains Sphere 3D's name and US listing (NASDAQ:ANY) TORONTO, ON AND STAMFORD, CT / ACCESS Newswire / June 1, 2026 / Sphere 3D Corp. (NASDAQ:ANY) ("Sphere") and Cathedra Bitcoin Inc. (TSXV:CBIT)(OTCQB:CBTTF) ("Cathedra" and together with Sphere, the "Parties") today announced that they have completed the previously announced plan of arrangement (the "Transaction") pursuant to which Sphere acquired all of the issued and outstanding shares of Cathedra under the arrangement agreement entered into on March 5, 2026 (the "Agreement"), and Cathedra is now a wholly-owned subsidiary of Sphere (Sphere, together with Cathedra and their subsidiaries following completion of the Transaction, the "Combined Company"). The Transaction was completed by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). accessnewswire.com - 2026-06-01 07:00:00 |
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Cathedra Bitcoin Receives Final Court Approval for Sphere 3D Combination; Transaction Expected to Close June 1, 2026
Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), further to the Company's news releases dated March 5, 2026, May 4, 2026 and May 15, 2026, today announced that it has obtained a final order (the "Final Order") from the Supreme Court of British Columbia approving the statutory plan of arrangement (the "Transaction") with Sphere 3D Corp. ("Sphere"). The Final Order represents the last major approval required to complete the Transaction. newsfilecorp.com - 2026-05-26 07:00:00 |
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Cathedra Bitcoin Announces Securityholder Approval of Plan of Arrangement
Toronto, Ontario--(Newsfile Corp. - May 15, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra") is pleased to announce that its securityholders have approved the special resolution (the "Special Resolution") authorizing the statutory plan of arrangement (the "Transaction") with Sphere 3D Corp. ("Sphere") at the special meeting of Securityholders (as defined below) held on May 15, 2026 (the "Meeting"). Securityholder Approval At the Meeting, the Special Resolution was approved overwhelmingly by (i) 99.95% of the votes cast by shareholders of Cathedra ("Shareholders") present in person or represented by proxy at the Meeting, and (ii) 99.95% of the votes cast by Shareholders and the holders of warrants, options and restricted share units (collectively, the "Securityholders") present in person or represented by proxy at the Meeting. newsfilecorp.com - 2026-05-15 17:00:00 |
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Cathedra Bitcoin Inc. Provides Additional Disclosure Regarding the Series I Preferred Shares Issuable in Connection with Its Plan of Arrangement with Sphere 3D Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) ("Cathedra" or the "Company") is providing the following additional disclosure regarding the Series I preferred shares (the "Series I Preferred Shares") issuable in connection with its plan of arrangement (the "Transaction") with Sphere 3D Corp. ("Sphere") previously announced on March 5, 2026. This press release provides additional information to Cathedra shareholders regarding the process undertaken by the board of directors of Cathedra (the "Board") in reviewing and approving the consideration structure under the Transaction and provides additional context relating to the issuance of Series I Preferred Shares to certain shareholders. newsfilecorp.com - 2026-05-04 21:00:00 |