DarkHorse Technologies Inc. Chief Accounting Officer Reppas Tiah Norton reported settlement of 6,250 restricted stock units on September 21, 2026. The RSUs vested on September 1, 2026, and the underlying shares were delivered on September 21; each RSU represents a contingent right to receive one Sphere 3D Corp. common share.
The transaction also reports 1,941 shares delivered or withheld for payment of exercise price or tax liability at $2.98 per share. The RSU row reports 27,500 underlying shares outstanding after the transaction across two awards. No Rule 10b5-1 plan is reported.
Sphere 3D Corp. (NASDAQ: ANY), now operating as DarkHorse Technologies Inc., completed its corporate continuance from Ontario to British Columbia on September 16, 2026, and adopted new charter documents under the Business Corporations Act (British Columbia). The legal name changed to DarkHorse Technologies Inc., with shareholders having approved the continuance and name change on August 24, 2026.
The company’s common shares began trading on the Nasdaq Capital Market under the new name and ticker symbol “DRK” on September 17, 2026, and were assigned a new CUSIP number 236918108, replacing 84841L506. A rebrand press release describes a strategic focus on AI and digital infrastructure, centered on power-ready, distribution-connected data center sites in Tennessee and Kentucky, with approximately 50 MW of expected operating capacity after an Iowa divestiture, a proposed additional 50 MW Kentucky data center, and a 100 MW development pipeline.
Sphere 3D Corp. (ANY), doing business as DarkHorse Technologies, released an investor presentation outlining a transition from a legacy Bitcoin-mining footprint to a power-first digital infrastructure platform focused on AI and high-performance computing (HPC). The company highlights 50 MW of operating capacity across Kentucky and Tennessee within the TVA region, an identified 100+ MW expansion pipeline, and an all-in power cost of about $49/MWh.
The strategy emphasizes retrofitting existing energized sites into 10–50 MW modular AI data centers, using offsite-manufactured data halls and battery-backed, closed-loop cooling. Management presents an illustrative “revenue ladder” showing how the same megawatt could earn more when converted from mining/hosting to AI-oriented uses, while stressing this is not guidance. The presentation also describes a potential 50 MW “Truckstop” flagship project, subject to zoning and approvals, and discloses that 10,569,496 common shares were issued and outstanding as of September 11, 2026, alongside additional warrants, options and RSUs.
Sphere 3D Corp. (ANY) entered into a Securities Purchase Agreement for a private placement of 1,666,661 units, each consisting of one common share and one five-year warrant, at $3.00 per unit, for expected gross proceeds of $5.0 million. The warrants are immediately exercisable at $3.50 per share and, if fully exercised for cash, could provide an additional approximately $5.8 million. Company insiders, including the Chairman and Chief Executive Officer, subscribed for 333,332 units for about $1.0 million, and all securities from the transaction are subject to a six‑month lock‑up.
Management and the board concluded a 90‑day strategic review, designating the Iowa site and legacy mining fleet as non‑core. Sphere 3D agreed to sell the Iowa site for $1.5 million plus about $500,000 of deposits and to sell approximately 5,500 mining machines for about $3 million, reallocating capital toward AI and high‑performance computing projects in the Tennessee Valley Authority region and a proposed 50 MW data center in Hopkinsville, Kentucky.
Sphere 3D Corp. (ANY) director Timothy P. Hanley reported acquiring Common Shares and Warrants in connection with a private placement. On September 8, 2026, he agreed to purchase 33,333 Common Shares at $3.00 per share together with an accompanying Warrant to purchase one Common Share at an exercise price of $3.50.
The transaction is documented in a securities purchase agreement with Sphere 3D Corp. and is expected to close on September 11, 2026, and is described as exempt from Section 16(b) under Rule 16b-3(d)(1). After this award, Hanley holds 115,934 Common Shares directly, including unvested restricted stock units, and 33,333 Warrants to purchase Common Shares.
Sphere 3D Corp. (ANY) director Nicholas Ray Gates entered into a securities purchase agreement on September 8, 2026 to acquire 133,333 Common Shares at $3.00 per share and 133,333 Warrants to purchase Common Shares at an exercise price of $3.50, in a private placement expected to close on September 11, 2026 and described as exempt from Section 16(b) under Rule 16b-3(d)(1). Following these grants, he holds 189,888 Common Shares directly, including unvested restricted stock units, and 133,333 Warrants directly.
Sphere 3D Corp. (ANY) reported that Chief Executive Officer and director Joel M. Block agreed on September 8, 2026 to acquire 166,666 Common Shares and 166,666 Warrants of the company in a private placement exempt from Section 16(b) under Rule 16b-3(d)(1). The private placement is expected to close on September 11, 2026, at a price of $3.00 per Common Share and accompanying Warrant, with each Warrant exercisable at $3.50 per Common Share until September 11, 2031.
After this award, Block holds 1,029,476 Common Shares directly, which the company states includes unvested restricted stock units.
Sphere 3D Corp. (ANY) entered into two significant asset sale arrangements on September 1, 2026. The company agreed to sell its Iowa site to Simple mining, LLC for a $1.5 million purchase price, consisting of $300,000 in cash and a $1.2 million interest-free promissory note payable in equal monthly installments from December 1, 2026 through November 1, 2027. Sphere 3D is also entitled to the return of a utility prepayment of approximately $300,000 and a security deposit of approximately $225,000. In a separate binding term sheet with RepairBit, LLC, Sphere 3D agreed to sell approximately 5,500 proprietary mining machines, representing all of its existing legacy owned fleet, for aggregate proceeds of approximately $3.1 million, with deliveries over a 90-day period beginning September 1, 2026 while retaining ownership of miners until corresponding payments are received.
Sphere 3D Corp. (ANY) reports that its Chief Financial Officer and director, Kurt L. Kalbfleisch, exercised 17,188 Restricted Stock Units on September 2, 2026, receiving an equal number of common shares at a stated exercise price of $0.00 per share. The vested RSUs relate to tranches that vested on June 30, 2026 and September 1, 2026, with settlement and delivery occurring on September 2, 2026. Following this settlement, he holds 443,003 common shares directly and 43,749 RSUs that remain outstanding with scheduled vesting through June 1, 2027, plus indirect holdings of 215 common shares each held by his daughter and son. No Rule 10b5-1 trading plan is reported.
Sphere 3D Corp. (ANY) is the subject of an amended Schedule 13D filed by Endeavor Blockchain, LLC and its managing member, Joshua Kilgore. They now report beneficial ownership of 300,000 common shares, representing 3.4% of the 8,704,816 shares outstanding as of August 11, 2026, with shared voting and dispositive power over all of these shares.
Endeavor Blockchain originally purchased 500,000 shares for an aggregate price of approximately $988,384 using working capital, including potential margin loans, in open‑market transactions. On August 24, 2026, the reporting persons sold 200,000 shares in the open market in the ordinary course of business, reducing their stake. They state that the investment was made because the shares were viewed as undervalued and that they may increase or decrease their position depending on market conditions and other opportunities. They also state an intention to engage with Sphere 3D’s management and board regarding opportunities for value creation, while expressly disclaiming beneficial ownership of any securities not held directly or through a wholly owned entity.