Q2 rev $5.1M (+4.8%); proposes $40M CloudFirst sale, 85% stock buyback

Data Storage Corp

Revenue $5.1M, up 4.8% YoY; gross profit $2.5M; cash $11.1M, no long-term debt.
Proposed $40M sale of CloudFirst Technologies Corporation to an unnamed buyer.
Shareholder vote on the sale at annual meeting scheduled for September 10, 2025.
If approved, tender offer for up to 85% of outstanding common stock using 85% of cash on hand.
Board authorized evaluation of a full corporate rebranding to align with strategic direction.

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