Data Storage Corporation has announced its intention to commence a tender offer to purchase up to 6,192,990 shares of its common stock at a purchase price of $5.20 per share, for an aggregate purchase price of up to $32,203,548. The company will use cash on hand, including proceeds from the recent sale of its cloud services business, to fund the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data Storage Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-001641), on December 08, 2025, and is solely responsible for the information contained therein.
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