Data Storage Corp 8-K

What Happened
Data Storage Corp (DTST) announced on January 15, 2026 (press release) that, pursuant to a previously announced tender offer (Schedule TO filed Dec. 8, 2025, as amended), it purchased 5,625,129 shares of its common stock for an aggregate purchase price of $29,250,670.80. After the repurchase, the company reports approximately 2,167,138 shares of common stock outstanding and about $10 million of cash on hand.

Key Details

• Repurchased shares: 5,625,129
• Aggregate purchase price: $29,250,670.80
• Shares outstanding after repurchase: 2,167,138
• Cash remaining (approx.): $10 million
• Directors and officers tendered shares on Jan. 14, 2026; notable amounts: Thomas Kempster 881,472; Charles Piluso 865,841; Harold Schwartz 815,876; Clifford Stein 280,850; John Argen 57,207; Matthew Grover 43,340; Lawrence Maglione 24,752; Uwayne Mitchell 11,248; Nancy Stallone 11,248; Todd Correll 0

Why It Matters
The tender offer materially reduced the company’s share count and used a substantial portion of cash — both factors that can affect per-share metrics (like earnings per share) and liquidity. Significant participation by several directors and officers indicates insider support for the repurchase. Investors should note the reduced float (about 2.17M shares outstanding) and the company’s remaining cash position; the company filed the Offer to Purchase with the SEC for full details.