Morning Market Movers: Sphere 3D (ANY) and Real Messenger (RMSG) on News

**Sphere 3D (Nasdaq:ANY)** issued a press release this morning highlighting the upcoming merger. [https://www.morningstar.com/news/accesswire/1164667msn/sphere-3d-and-cathedra-advance-proposed-combination-to-establish-power-optimized-digital-infrastructure-platform](https://www.morningstar.com/news/accesswire/1164667msn/sphere-3d-and-cathedra-advance-proposed-combination-to-establish-power-optimized-digital-infrastructure-platform)  

ANY is in a recently hot sector of bitcoin mining moving to AI Infrastructure. With the merger expected to close soon, giving ANY access to 53 Megawatts of power capacity in five facilities, ANY could be playing "catch up" to other miners like $IREN, $RIOT, $HUT that are repurposing their facilities with MW power access. The post-merger company plans to continue building "a robust pipeline of over 100 MW of potential expansion opportunities to further expand its portfolio of infrastructure assets. In the past six months, Cathedra's new leadership team has successfully increased its power capacity by 50% online and developed a robust pipeline."

There is on research analyst with a target price of $3.00, which may be re-rated after the merger closes.

ANY 52-week trading range: $1.08 to $12.60. Yesterday's trading volume was over 10X average daily trading volume and broke through near term resistance of $1.50 (50 Day Moving Average). The 200 Day Moving Average is  $4.27.

**Real Messenger Corp (Nasdaq:RMSG)** was up sharply in the pre-market (and holding most of its gains after the market open) after news that the company  received a formal notification from  Nasdaq dated May 6, 2026, notifying the Company it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Obviously, regaining Nasdaq compliance has eliminated a major overhang in the stock--with investors waiting for this news to buy and shorts hoping for a delisting notice covering their short positions.  

As of April 15, 2026, Real Messenger (RMSG) had a short interest of 958K shares sold short (20.23% of the public float.) showing a major bet by shorts that Nasdaq would not confirm continued listing without a reverse split. RMSG operates a real estate-focused social messaging and networking platform that connects agents, buyers, and sellers across multiple countries.

RMSG 52-week range: roughly $0.33 low to $5.46 high. Key resistance appears to be near the $3-$3.50 area, while support is around the $1 zone. The very low public float and continued short covering could give this move some legs.

How these two tickers trade in today's trading session will be interesting. Short squeezes are unpredictable in both volatility and length of time. Do your due diligence--press releases and SEC filings and any research reports.