---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-25-000982"
form_type: "8-K"
ticker: "DTST"
cik: "0001419951"
company_name: "Data Storage Corp"
filed_at: "2025-07-15T23:59:59+00:00"
generated_at: "2026-05-18T06:27:59.611397+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Data Storage Corp. to sell cloud solutions business for $40M; retains Nexxis

## Summary
- Unit purchase agreement to sell CloudFirst Technologies to Total Server Solutions for $40M base price, subject to adjustments and escrows.
- Divestiture is sale of substantially all assets; DTST will retain only Nexxis Inc. ($1.1M FY2024 sales).
- Closing conditions include shareholder approval, 85% employee acceptance, no Material Adverse Effect, by Nov. 8, 2025.
- Supporting shareholders (~40% of stock) including CEO and President agreed to vote in favor.
- 2025 Annual Meeting set for Sept 10; record date Aug 7; shareholder proposal deadline extended to July 25.

## SEC filing metadata
- accession: 0001731122-25-000982
- form_type: 8-K
- ticker: DTST
- cik: 0001419951
- company_name: Data Storage Corp
- filed_at: 2025-07-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.08, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419951/000173112225000982/0001731122-25-000982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419951/000173112225000982/e6705_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-25-000982
- JSON: https://secwatch.observer/filing/0001731122-25-000982.json
- Plain text: https://secwatch.observer/filing/0001731122-25-000982.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.