03:43 PM EST - Sphere 3D Corporation : announced that it has increased its previously announced "bought deal" financing to 1,250,000 units of the Company. Cormark Securities Inc., on its own behalf and on behalf of a syndicate of underwriters have agreed to purchase an additional 250,000 Units at the same purchase price of $3.35 per Unit for additional gross proceeds of $837,500. Total gross proceeds of the Offering are now $4,187,500. Sphere 3D Corporation
shares V.ANY are trading up $0.02 at $3.98.
