Sphere 3d and rainmaker worldwide terminate agreement to acquire rainmaker water technology and service provider agreements

Toronto, ontario--(newsfile corp. - february 16, 2021) - sphere 3d corp. (nasdaq: any) (the "company" or "sphere 3d") announced today that the previously announced definitive share purchase agreement (the "agreement") for the acquisition of rainmaker holland bv, a wholly owned subsidiary of rainmaker worldwide inc. (otc: rakr) has been terminated."we have been working towards a transaction for quite some time now with rainmaker. over the last few weeks it has become increasingly apparent that the...
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