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0 0 0 0.00485436893203873 0.00970873786407768 0.0315533980582524 0.0412621359223301 0.0521844660194174
Stock impact report

Data Storage Corporation Completes Repurchase of July 2021 Warrants

Data Storage Corporation (DTST) 
Company Research Source: GlobeNewswire
MELVILLE, N.Y., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” or the “Company”) today announced the completion of its repurchase of substantially all outstanding warrants originally issued in July 2021 (the “July 2021 Warrants”). The Company paid an aggregate of $2,049,388 to repurchase warrants exercisable for a total of 858,750 shares of common stock, par value $0.001 per share. The repurchase was conducted under the fundamental transaction provision of the July 2021 Warrants, which was triggered by the closing of the Company’s sale of its CloudFirst subsidiary on September 11, 2025. The repurchase period closed on October 13, 2025, and all related transactions have now been settled. Following completion, only 172,500 warrants remain outstanding, further simplifying the Company’s capital structure and eliminating a potential source of future dilution. “This transaction improves our capital structure and aligns with our goal of delivering long- Show less Read more
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