Sphere 3D Corp. (ANY)

[Hugodrax]

Wrong.

It's end of January 2017.

They MAY be able to get an extension to July but only if they meet several criteria.

"A company listed on the Nasdaq Capital Market may be eligible for an additional 180-day compliance period if it meets the market value of publicly held shares requirement for continued listing, all other initial inclusion requirements for the Capital Market, except for the bid price requirement, and provides written notice that it intends to regain compliance with the bid price requirement during the second 180-day compliance period, by effecting a reverse stock split if necessary"

At a minimum they will have to announce a reverse split in January (if stock not over $1).

My read of the rules is they need to maintain a $15M market cap which is around $0.30. Not a given. Especially since they probably need more cash by then....

IMHO....