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Stock impact report

Data Storage Corporation Announces Final Results of Tender Offer

Data Storage Corporation (DTST) 
Company Research Source: GlobeNewswire
NEW YORK, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“Data Storage” or the “Company”), today announced the final results of its previously announced tender offer to acquire up to 6,192,990 shares of the Company’s common stock, par value $0.001 per share, at a price of $5.20 per share in cash, less any applicable withholding taxes and without interest. The tender offer expired at 12:00 midnight on January 12, 2026, and was funded entirely through the Company’s cash on hand. With the completion of the tender offer, Data Storage has streamlined its capital structure while maintaining a strong balance sheet and liquidity to support future strategic initiatives. Chuck Piluso, Chairman and Chief Executive Officer of Data Storage, commented, “With the tender offer complete, our focus is on execution and the road ahead. With over $10 million in cash on our balance sheet, we believe we are well positioned to pursue a highly disciplined acquisition strategy. Show less Read more
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