03:55 PM EST - Pinetree Capital Ltd. : announced that through a series of transactions that ending on April 25, it acquired ownership of 175,500 common shares of Sphere 3D Corporation representing approximately 0.08% of the total issued and outstanding common shares of Sphere as of April 25. As a result of this transaction, Pinetree and its joint actors collectively held, as at April 25, an aggregate of 2,551,000 common shares of Sphere, including the Common Shares, and rights to acquire an additional 300,000 common shares of Sphere upon exercise of certain convertible securities. Pinetree Capital Ltd.
shares T.PNP are trading down $0.015 at $0.45.