<SEC-DOCUMENT>0001062993-19-003026.txt : 20190725
<SEC-HEADER>0001062993-19-003026.hdr.sgml : 20190725
<ACCEPTANCE-DATETIME>20190725163422
ACCESSION NUMBER:		0001062993-19-003026
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190725
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20190725
DATE AS OF CHANGE:		20190725

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sphere 3D Corp
		CENTRAL INDEX KEY:			0001591956
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36532
		FILM NUMBER:		19974843

	BUSINESS ADDRESS:	
		STREET 1:		895 DON MILLS ROAD
		STREET 2:		BLDG. 2, SUITE 900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M3C 1W3
		BUSINESS PHONE:		416-749-5999

	MAIL ADDRESS:	
		STREET 1:		895 DON MILLS ROAD
		STREET 2:		BLDG. 2, SUITE 900
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M3C 1W3
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K
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    <title>Sphere 3D Corporation: Form 8-K - Filed by newsfilecorp.com</title>
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    <p style="margin-left: 5pt; margin-bottom: 0pt; text-align: center;"><font style="font-size: 18pt;"><b>UNITED STATES</b></font></p>
    <p style="margin-top: 0pt; text-align: center;"><font style="font-size: 18pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></font></p>
    <p style="text-align: center;"><b>Washington, D.C. 20549</b></p>
    <p style="text-align: center;"><font style="font-size: 18pt;"><b>FORM 8-K</b></font></p>
    <p style="text-align: center;"><b>CURRENT REPORT</b></p>
    <p style="text-align: center;"><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></p>
    <p style="text-align: center;">Date of Report (Date of earliest event reported): July 22, 2019</p>
    <p style="text-align: center;"><font style="font-size: 18pt;"><b>Sphere 3D Corp.<br></b></font>(Exact name of registrant as specified in its charter)</p>
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            <td style="width: 33.3333%; text-align: center;"><b>Ontario, Canada</b></td>
            <td style="width: 33.3333%; text-align: center;"><b>001-36532</b></td>
            <td style="width: 33.3333%; text-align: center;"><b>98-1220792</b></td>
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            <td style="width: 33.3333%; text-align: center;">(State or other jurisdiction of incorporation)</td>
            <td style="width: 33.3333%; text-align: center;">(Commission File Number)</td>
            <td style="width: 33.3333%; text-align: center;">(IRS Employer Identification No.)</td>
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            <td style="width: 33.3333%;">&#160;</td>
            <td style="width: 33.3333%; text-align: center;" colspan="2">&#160;</td>
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                <p style="text-align: center;"><b>895 Don Mills Road, <br></b><b>Bldg. 2, Suite 900 <br></b><b>Toronto, Ontario</b></p>
            </td>
            <td style="text-align: center;" colspan="2"><b>M3C 1W3</b></td>
        </tr>
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            <td style="width: 33.3333%; text-align: center;">(Address of principal executive offices)</td>
            <td style="width: 33.3333%; text-align: center;" colspan="2">(Zip Code)</td>
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    </table>
    <p style="margin-bottom: 0pt; text-indent: 0pt; text-align: center;">Registrant's telephone number, including area code <b>(858) 571-5555</b></p>
    <p style="margin-bottom: 0pt; text-indent: 0pt; text-align: center;"><b>Not Applicable<br></b>(Former name or former address, if changed since last report)</p>
    <p style="margin-left: 5pt; text-align: justify;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</p>
    <p style="margin-left: 5pt; margin-bottom: 0pt; text-align: justify;">[&#160; ]<font style="width: 17.79pt; display: inline-block;">&#160;</font>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) <br>[&#160; ]&#160;&#160;&#160;&#160;&#160;&#160;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>
    <p style="margin-left: 5pt; margin-top: 0pt; text-align: justify;">[&#160; ]<font style="width: 17.79pt; display: inline-block;">&#160;</font>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) <br>[&#160; ]<font style="width: 16.83pt; display: inline-block;">&#160;</font> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><br>
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                <p><b>Item 8.01</b></p>
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            <td style="width: 91%; vertical-align: top; background-color: #ffffff;">
                <p><b>Other Events.</b></p>
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    <p style="text-indent: 36pt; text-align: justify; background-color: #ffffff;">On July 22, 2019, the Nasdaq Hearings Panel (the "Panel") issued a decision granting the request of Sphere 3D Corp. (the "Company") for continued listing of our common stock on The Nasdaq Capital Market pursuant to an extension through September 30, 2019 to demonstrate compliance with the $2.5 million stockholders' equity requirement for continued listing, as set forth in Nasdaq Listing Rule 5550(b)(1) (the "Stockholders' Equity Requirement"). Pursuant to the Panel's decision, the Company is required to report to the Panel by August 15, 2019 that it has completed certain components of its compliance plan.</p>
    <p style="text-indent: 36pt; text-align: justify; background-color: #ffffff;">On November 12, 2018, we first received a letter from the Staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying us that we were not in compliance with the Stockholders' Equity Requirement because the Company's stockholders' equity of $707,000 reported in the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2018, was below the required minimum of $2.5 million. The Company submitted a plan to regain compliance, which was accepted by the Nasdaq Staff on January 11, 2019.&#160; On May 14, 2019, we received written notification from the Nasdaq Staff that we had not regained compliance with the Stockholders' Equity Requirement, as required. Accordingly, we requested a hearing before the Panel, which was held on July 11, 2019, and which was the basis for the Panel's decision. While the Company is making every effort to regain compliance as promptly as possible, there can be no assurance that the Company will be able to regain compliance by the Panel's deadline or that the Panel would be willing to extend the deadline, if the Company made such a request.</p>
    <p style="text-align: center;"><b>SIGNATURE</b></p>
    <p style="text-indent: 36pt; text-align: justify;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.</p>
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                <p style="text-align: justify;">Dated: July 25, 2019</p>
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            <td style="width: 50%; padding-right: 5.75pt; padding-left: 5.75pt; vertical-align: top;">
                <p style="text-align: justify;"><b>SPHERE 3D CORP.</b></p>
                <p style="margin-left: 18pt; text-indent: -18pt;">By:<font style="width: 2.11pt; text-indent: 0pt; display: inline-block;">&#160;</font><u>/s/ Kurt L. Kalbfleisch&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </u><br>Kurt L. Kalbfleisch<br>Chief Financial Officer and Senior Vice President</p>
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