Sphere 3D Corp. (ANY): Reverse Split deadline: If my interpr...

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Sphere 3D Corp. (ANY)

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Re: None

Monday, 07/10/2017 10:12:10 AM

Monday, July 10, 2017 10:12:10 AM

Reverse Split deadline:

If my interpretation of the rules and filings is correct, the company had 180 calendar days from Feb 1 to regain compliance, which is about July 31, 2017. It seems they have to close above $1.00 for 10 consecutive business days (not calendar days) before that.

Looking at the calendar, I believe they have to do the reverse split for close of business this coming monday. So my guess is Friday after the close they announce it, effective Monday the 17th.

That is my analysis, anyway. DYODD.

IMHO.

________________________________________________________

Caller: But why did you back away from your prior guidance?

Eric Kelly: I am sorry? Hello?

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