Sphere 3D Corp. shareholders approved a corporate name change to DarkHorse Technologies Inc. at a special meeting held on Monday, the company said on Monday.
The NASDAQ-listed firm, currently trading under ticker ANY, will transition to DRK following the name change, which becomes effective upon its continuance from Ontario to British Columbia in the coming weeks. Trading under the new symbol is expected to begin shortly thereafter, subject to Nasdaq procedures. Existing shareholders are not required to take any action regarding the change.
The rebrand reflects DarkHorse’s strategic pivot toward developing AI and high-performance computing infrastructure. The company operates approximately 53 MW of power capacity across multiple U.S. data center locations, with a development pipeline exceeding 100 MW of potential expansion opportunities. Joel Block, Chief Executive Officer, stated, "DarkHorse represents how we intend to compete: finding opportunities others overlook, moving with speed and discipline, and building AI and high-performance computing infrastructure in opportune places."
The company’s operational focus aligns with its recent business combination with Cathedra Bitcoin. DarkHorse plans to launch a new website and branding to reflect the updated identity.
