Sphere 3D (ANY) Announces End of Litigation with Gryphon
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Sphere 3D Corp. (NASDAQ: ANY) announced today that it has reached a confidential settlement with Gryphon Digital Mining, Inc. to resolve all claims against each other on mutually satisfactory terms that will result in the complete dismissal of the litigation.
"As a Company, we are focused on the future and our long-term strategy," said Kurt Kalbfleisch, Acting CEO. "Resolving this matter allows us to move on from this distraction and direct our time and resources toward strategic growth and delivering value to our stakeholders."
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