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2021-09-03

Sphere 3D Shares Dive On Discounted Equity Offering To Fund Crypto Mining

Data management firm Sphere 3D Corp agreed to raise $192.1 million by selling 22.6 million shares an

Sphere 3D Shares Dive On Discounted Equity Offering To Fund Crypto Mining

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSphere 3D Shares Dive On Discounted Equity Offering To Fund Crypto Mining\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 19:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/09/22794536/sphere-3d-shares-dive-on-discounted-equity-offering-to-fund-crypto-mining><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Data management firm Sphere 3D Corp agreed to raise $192.1 million by selling 22.6 million shares and warrants to purchase 11.3 million shares in a secondary institutional offering.\nThe combined ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/09/22794536/sphere-3d-shares-dive-on-discounted-equity-offering-to-fund-crypto-mining\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ANY":"Sphere 3D Corp"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/09/22794536/sphere-3d-shares-dive-on-discounted-equity-offering-to-fund-crypto-mining","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190295914","content_text":"Data management firm Sphere 3D Corp agreed to raise $192.1 million by selling 22.6 million shares and warrants to purchase 11.3 million shares in a secondary institutional offering.\nThe combined purchase price for one share and one-half warrant to purchase one share is $8.50.\nThe five-year warrants have an exercise price of $9.50 per share.\nThe proceeds will partly purchase the initial 60,000 miners out of the potential 220,000 miners available through its agreements with Hertford Advisors.\nPrice Action: ANY shares traded lower by 28.72% at $6.70 in the premarket session on the last check Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}