Summary by Moomoo AI
Sphere 3D Corp., a company listed on the United States stock exchange, has been the subject of a Schedule 13G/A filing, indicating a change in ownership reported by two entities. MMCAP International Inc. SPC and MM Asset Management Inc., both reported holding warrants to acquire 665,965 common shares of Sphere 3D, representing 4.43% of the company. The filing, dated December 31, 2023, was made under Rule 13d-1(c) of the Securities Exchange Act of 1934. MMCAP International is based in the Cayman Islands, while MM Asset Management is located in Ontario, Canada. The shares in question are common shares with the CUSIP Number 84841L308. The filing indicates that the shares were not acquired for the purpose of changing or influencing the control of Sphere 3D Corp. The information was confirmed in a statement signed on February 13, 2024, by Ulla Vestergaard, Director of MMCAP International Inc. SPC, and Hillel Meltz for MM Asset Management Inc.