Benzinga | Aug 26, 2021 10:07AM EDT

Sphere 3D Sponsored SPAC Minority Equality Opportunities Acquisition Inc., Announces Pricing Of Upsized $110M Initial Public Offering

Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, today reports that Minority Equality OpportunitiesSphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, today reports that Minority Equality Opportunities Acquisition Inc. ("Minority Equality"), a company that Sphere 3D has an indirect interest in, announced the pricing of their initial public offering of 11,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of Class A common stock and one redeemable warrant. Each warrant will entitle the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The Minority Equality units are expected to be listed on the Nasdaq Capital Market ("Nasdaq") and trade under the ticker symbol "MEOAU" beginning today, August 26, 2021. Once the securities comprising the units begin trading separately, the shares of Class A common stock and the warrants of Minority Equality are expected to be traded on Nasdaq under the symbols "MEOA" and "MEOAW," respectively. Minority Equality is a newly organized blank check company incorporated as a Delaware company and led by Chairman and CEO Shawn D. Rochester.