secwatch.observer — SEC 8-K summary
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Issuer:     Data Storage Corp (DTST)
CIK:        0001419951
Form:       8-K
Filed at:   2021-07-20T23:59:59+00:00
Accession:  0001731122-21-001182
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data Storage Corp raises $8.3M in registered direct offering and warrant placement
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- Raised $8.3M gross proceeds via sale of 1,375,000 shares and warrants to purchase 1,031,250 shares.
- Combined purchase price of $6.04 per share and 0.75 warrants; warrant exercise price $6.15.
- Warrants immediately exercisable, expire in 5.5 years from issuance date.
- Offering expected to close July 21, 2021; Maxim Group LLC placement agent with 6.5% fee.
- Net proceeds to be used for general corporate purposes, including working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419951/000173112221001182/0001731122-21-001182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419951/000173112221001182/e2930_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-21-001182

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