---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-25-001185"
form_type: "8-K"
ticker: "DTST"
cik: "0001419951"
company_name: "Data Storage Corp"
filed_at: "2025-08-29T23:59:59+00:00"
generated_at: "2026-05-17T09:11:10.017500+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Data Storage Corp supplements proxy with financial analysis details for $40M cloud divestiture vote

## Summary
- Shareholders sent letters on Aug 14, 18, 27 seeking additional info on financial multiples used in the proxy statement for the divestiture proposal.
- Company voluntarily supplements proxy with Cassel Salpeter's Selected Companies and Selected Transactions analyses.
- Selected companies analysis implies value range of $34.7M to $40.8M; selected transactions implies $36.5M to $42.6M, vs $40M base purchase price.
- Financial advisor applied multiples of 6.0x-7.0x LTM Normalized EBITDA to reach these valuation ranges.
- Annual meeting to vote on divestiture is scheduled for September 10, 2025.

## SEC filing metadata
- accession: 0001731122-25-001185
- form_type: 8-K
- ticker: DTST
- cik: 0001419951
- company_name: Data Storage Corp
- filed_at: 2025-08-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419951/000173112225001185/0001731122-25-001185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419951/000173112225001185/e6813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-25-001185
- JSON: https://secwatch.observer/filing/0001731122-25-001185.json
- Plain text: https://secwatch.observer/filing/0001731122-25-001185.txt

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