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NASDAQ:ANY 1 June 2026

Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D shares jumped 57% after closing its merger with Cathedra Bitcoin, trading at $2.99 on heavy volume. The merged company now claims 53 MW online, 1.2 EH/s mining hash rate, and a pipeline over 100 MW. Q1 revenue fell to $1.9 million with a $4.1 million net loss. Sphere warns of ongoing losses, negative cash flow, and “substantial doubt” about its ability to continue without more funding. Cathedra shares will be delisted June 2.
1 June 2026
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Stock Market Today

  • Thermon Group Files to Delist Common Stock from NYSE
    June 1, 2026, 11:04 AM EDT. Thermon Group Holdings, Inc. has filed Form 25 to delist its common stock from the New York Stock Exchange (NYSE). The filing follows Section 12(b) of the Securities Exchange Act of 1934, indicating the company's intent to remove its shares from public trading on the NYSE as of June 1, 2026. This move was certified by NYSE officials following regulatory compliance. Thermon Group is headquartered in Austin, Texas. Delisting means the company's shares will no longer be subject to the NYSE's listing requirements, potentially affecting liquidity and investor access.

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Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up

1 June 2026
Sphere 3D shares jumped 57% after closing its merger with Cathedra Bitcoin, trading at $2.99 on heavy volume. The merged company now claims 53 MW online, 1.2 EH/s mining hash rate, and a pipeline over 100 MW. Q1 revenue fell to $1.9 million with a $4.1 million net loss. Sphere warns of ongoing losses, negative cash flow, and “substantial doubt” about its ability to continue without more funding. Cathedra shares will be delisted June 2.
GrowHub Shares Pop After EnChem Filing, Investors Weigh Dilution

GrowHub Shares Pop After EnChem Filing, Investors Weigh Dilution

1 June 2026
GrowHub shares soared 541% to $2.23 after a June 1 SEC filing revealed a binding reverse-merger term sheet with EnChem America, which would give EnChem holders 85% of the combined company and a minimum $400 million valuation. The deal requires shareholder and regulatory approvals, Nasdaq sign-off, and a $4.00 VWAP. GrowHub faces a July 10 deadline to regain Nasdaq compliance after reporting a $13.4 million net loss and $2.3 million shareholders’ deficit.
Virgin Galactic Shares Spike on 5% Stake News and Delta Flight Update

Virgin Galactic Shares Spike on 5% Stake News and Delta Flight Update

1 June 2026
Virgin Galactic shares soared nearly 28% Monday after RichRich Capital disclosed a 5.26% stake and management reaffirmed Q3 flight tests and Q4 commercial launches. Stock hit $8.23 before settling at $7.91 on heavy volume. Virgin Galactic posted a $65M Q1 net loss, negative $93M free cash flow, and expects another negative quarter. Court approved a $2.75M shareholder settlement. Market cap stands at $629M.
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