Sphere 3D Completes Rebrand as DarkHorse Technologies Inc., Marking Next Phase of Power-First AI Infrastructure Strategy
https://www.newsfilecorp.com/release/314495/S...e-Strategy
Stamford, Connecticut--(Newsfile Corp. - September 16, 2026) - DarkHorse Technologies Inc. (Nasdaq: ANY), formerly Sphere 3D Corp. (the "Company"
, today announced that its corporate name change has become effective, marking the next phase of the Company's strategic repositioning toward AI and digital infrastructure.
The Company’s common shares are expected to begin trading on Nasdaq under the new name and ticker symbol “DRK” at the market open on Thursday, September 17, 2026, subject to Nasdaq procedures. Until then, the shares will continue to trade under “ANY.” The name change took effect upon completion of the Company's continuance from the Province of Ontario to the Province of British Columbia. As a result of the continuance, the Company is now governed by the Business Corporations Act (British Columbia) in place of the Business Corporations Act (Ontario).
DarkHorse reflects the business management is building—a more focused infrastructure platform centered on power-ready, distribution-connected sites in Tennessee and Kentucky. The Company intends to concentrate on smaller footprint sites that can be advanced efficiently through modular development, while maintaining a disciplined approach to capital deployment as customer demand is validated.
"DarkHorse is more than a new name; it marks a clear line between the legacy perception of Sphere 3D and the infrastructure platform we are building," said Joel Block, Chief Executive Officer. "We are concentrating capital and management attention where we believe we can compete effectively: smaller, power-ready sites with established utility relationships that sit outside the conventional hyperscale pipeline. As access to power and time to deployment become increasingly important across AI infrastructure, we believe our existing footprint and utility relationships give us a practical basis from which to compete. DarkHorse is a reflection of how we intend to operate. Compete where we have an edge, find opportunities others overlook, move with discipline and let execution define the Company."
The rebrand follows the Company's strategic review announced on September 8, 2026, which established a development focus on the Tennessee Valley Authority region and resulted in agreements to divest the Company's Iowa site and legacy mining fleet.
Shareholders approved the name change on August 24, 2026. In connection with the name change and continuance, the Company's common shares have been assigned a new CUSIP number, 236918108, replacing the Company's prior CUSIP number, 84841L506. Existing shareholders are not required to take any action; existing share certificates representing common shares of Sphere 3D Corp. remain valid, and shares held through a broker or other nominee are expected to reflect the change automatically.
https://www.newsfilecorp.com/release/314495/S...e-Strategy
Stamford, Connecticut--(Newsfile Corp. - September 16, 2026) - DarkHorse Technologies Inc. (Nasdaq: ANY), formerly Sphere 3D Corp. (the "Company"
, today announced that its corporate name change has become effective, marking the next phase of the Company's strategic repositioning toward AI and digital infrastructure. The Company’s common shares are expected to begin trading on Nasdaq under the new name and ticker symbol “DRK” at the market open on Thursday, September 17, 2026, subject to Nasdaq procedures. Until then, the shares will continue to trade under “ANY.” The name change took effect upon completion of the Company's continuance from the Province of Ontario to the Province of British Columbia. As a result of the continuance, the Company is now governed by the Business Corporations Act (British Columbia) in place of the Business Corporations Act (Ontario).
DarkHorse reflects the business management is building—a more focused infrastructure platform centered on power-ready, distribution-connected sites in Tennessee and Kentucky. The Company intends to concentrate on smaller footprint sites that can be advanced efficiently through modular development, while maintaining a disciplined approach to capital deployment as customer demand is validated.
"DarkHorse is more than a new name; it marks a clear line between the legacy perception of Sphere 3D and the infrastructure platform we are building," said Joel Block, Chief Executive Officer. "We are concentrating capital and management attention where we believe we can compete effectively: smaller, power-ready sites with established utility relationships that sit outside the conventional hyperscale pipeline. As access to power and time to deployment become increasingly important across AI infrastructure, we believe our existing footprint and utility relationships give us a practical basis from which to compete. DarkHorse is a reflection of how we intend to operate. Compete where we have an edge, find opportunities others overlook, move with discipline and let execution define the Company."
The rebrand follows the Company's strategic review announced on September 8, 2026, which established a development focus on the Tennessee Valley Authority region and resulted in agreements to divest the Company's Iowa site and legacy mining fleet.
Shareholders approved the name change on August 24, 2026. In connection with the name change and continuance, the Company's common shares have been assigned a new CUSIP number, 236918108, replacing the Company's prior CUSIP number, 84841L506. Existing shareholders are not required to take any action; existing share certificates representing common shares of Sphere 3D Corp. remain valid, and shares held through a broker or other nominee are expected to reflect the change automatically.
