Sphere 3D Corp. (ANY)

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http://finance.yahoo.com/news/sphere-3d-converts-outstanding-debt-231126790.html

Sphere 3D Converts Outstanding Debt Into Equity


GlobeNewswire Sphere 3D Corporation 1 minute ago

MISSISSAUGA, Ontario, June 30, 2014 (GLOBE NEWSWIRE) -- Sphere 3D Corporation (ANY.V) (SPIHF) (the "Company" or "Sphere 3D"), a virtualization technology solution provider, today announced that it intends to issue 10,894 common shares of the Company to FBC Holdings S.A.R.L., an affiliate to Cyrus Capital Partners, in satisfaction of its quarterly interest payment of $118,051 for the period of March 21, 2014 to June 30, 2014 pursuant to a previously issued debenture dated March 21, 2014. Subject to receipt of regulatory approval, these shares will be issued at a price of $10.84, being the current market price on June 30, 2014, and are subject to a 4 month hold period.