EX-99.1 2 e7231_ex99-1.htm EXHIBIT 99.1 EXHIBIT 99.1 Data Storage Corporation Announces Final Results of Tender Offer Company Retires Approximately 72% of Outstanding Shares and Maintains Cash to Execute Disciplined, Transformational M&A Strategy New York, N.Y., January 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 posi…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K/A
Data Storage Corporation
DTSTNASDAQEQUITYCurrent
Other Events
Item 8.01. Other Events. On January 15, 2026, the Company issued the attached press release. Pursuant to the previously announced tender offer as described in the Offer to Purchase included in the Company’s Schedule TO as filed on December 8, 2025 and as amended, the Company purchased 5,625,129 shares of the Company’s common stock for an aggregate purchase price of $29,250,670.80, leaving the Comp…
Company context
Data Storage Corporation (Nasdaq: DTST), through its subsidiary Nexxis Inc., provides VoIP, internet access, SD-WAN, and data transport services as part of its integrated technology solutions platform. The Company is also pursuing strategic initiatives focused on AI continuity infrastructure for regulated industries, including the planned establishment of Sovereign AI Solutions (“SaiS”), which is intended to support recovery, resiliency, and compliance for sovereign AI and AI Factory environments.