Replies to post #26645 on Sphere 3D Corp (ANY)

[viking86]

ok so max dilution = 1.62/35= 4.6%?

[Hugodrax]

It's because they let someone else into the sweetheart deal. Even better for that person as they got to watch the stock reaction after the announcement and potentially lock in a huge gain. Read the 6-K - they signed purchase agreements between May 13 and May 28 (so they let someone in as recently as Thursday).

Although the 6-K says 2105 in several places, I'm pretty sure they meant 2015.