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Sphere 3D, Improved Bottom Line and Proposed Asset Sale at the Forefront

NEW YORK, NY / ACCESSWIRE / May 24, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Sphere 3D Corp. (ANY), a company that enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms.

After experiencing a 34% drop in the share price during the beginning of May, ANY shares have rebounded, gaining back some of that loss.

Get the details of these new developments to determine the impact on shares READ MORE

Copy and paste the following secure link to your browser may be required to view the report – https://secure.blueoctane.net/forms/MWAEJAZGVYMG

Overland-Tandberg™, a brand of Sphere 3D Corp. and a leading provider of data management, backup and storage solutions announced that they were recently awarded a just under $1 million order from an existing global hotel chain customer.

The company has proposed the sale by Sphere 3D of all of the shares of its subsidiary Overland Storage, Inc. to Silicon Valley Technology Partners LLC, an entity established and controlled by Eric Kelly, the Chief Executive Officer of Sphere 3D. The sale will be voted on by shareholders at a May 31st meeting.

Read about the company's tech platform and recent events overview READ MORE

Copy and paste to your browser may be required to view the report – https://secure.blueoctane.net/forms/MWAEJAZGVYMG

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SOURCE: Traders News Source