Data Storage Corp entered into Equity Distribution Agreement with Maxim Group LLC (effective 2026-05-26).
“On May 26, 2026, Data Storage Corporation (the “Company”) entered into an Equity Distribution Agreement (the “Agreement”), with Maxim Group LLC (“Maxim”), pursuant to which the Company may offer and sell, from time to time, through Maxim, as sales agent or principal, shares of its common stock”
Earnings Releases
Data Storage Corp reported financial results for first quarter ended March 31, 2026.
“On May 15, 2026, Data Storage Corporation, a Nevada corporation (the “Company”), issued a press release that included financial information for its quarter ended March 31, 2026.”
Earnings Releases
Data Storage Corp reported the fiscal year ended December 31, 2025 results: net income $19.2 million.
“Reports Fiscal Year 2025 Results; Completes $40 Million CloudFirst Divestiture, Returns $29.3 Million to Shareholders Via Tender Offer, and Reports Record Net Income of $19.2 Million Company enters 2026 debt-free with over $10 million in capital, Nexxis operations growing 13.4% with 44.4% gross margins, and a goal of pursuing opportunities in high-growth”
M&A Transactions
Data Storage Corp completed a disposition involving Total Server Solutions Holdings, LLC for $40 million (closed 2025-09-11).
“”), the Divestiture was consummated. At the closing of the Divestiture, Purchaser: (i) purchased all of the outstanding units of NewCo in exchange for the purchase price of $40 million, as adjusted in accordance with the Purchase Agreement, and (ii) assumed the Assumed Liabilities, as such term is defined in the Contribution Agreement. Following the”
Earnings Releases
Data Storage Corp reported the fiscal quarter ended March 31, 2024 results: revenue $8.2 million.
“new contracts with high profile clients, as well as streamlined operations for improved operations. As a result of our efforts, we witnessed a 20% increase in revenue to $8.2 million for the first quarter of 2024. Notably, our gross profit grew 42% with gross profit margin increasing to 36% for the first quarter of 2024 from 30% for the same period in”
Governance Changes
Data Storage Corp: Reduced stockholder meeting quorum requirement to 33 1/3% of outstanding voting shares (effective 2024-05-03).
“On May 3, 2024, the Board of Directors (the “Board”) of Data Storage Corporation (the “Company”) adopted resolutions to amend the Company’s Bylaws to provide that at each meeting of stockholders, except where otherwise provided by law, the presence in person or by proxy of the holders of thirty-three and one-third percent of the outstanding shares of the Company’s voting stock shall constitute a quorum.”
Listing & Compliance Notices
Data Storage Corp received a nasdaq compliance regained notice regarding audit committee (rules 5605(c)(2)).
“April 2, 2024, Data Storage Corporation (the “Company”) received a letter (the “Notification Letter”) from The Nasdaq Stock Market (“Nasdaq”) stating that based on the information regarding the appointment of Nancy M. Stallone, CPA to the Company’s Board of Directors and Audit Committee, as detailed in the Company’s Current Report on Form 8-K, as filed on March 11, 2024 with the Securities and Exchange Commission, Nasdaq has determined that the Company complies with the Audit Committee requirement for continued listing on The Nasdaq Capital Market set forth in Listing Rules 5605(c)(2), which r”
Earnings Releases
Data Storage Corp reported year ended December 31, 2023 results: revenue $25.0 million.
“Data Storage Corporation Reports Record Revenue of $25 Million and Achieves Profitability for the 2023 Fiscal Year”
Material Agreements
Data Storage Corp entered into Sublease Agreement with Sentinel Benefits Group, LLC and Sentinel Benefits Group, Inc. valued at $143,173.00 (effective 2024-01-17).
“Data Storage Corporation (the “Company”) entered into Sublease Agreement, dated as of January 17, 2024, with Sentinel Benefits Group, LLC, a Delaware limited liability company, and Sentinel Benefits Group, Inc., a Massachusetts corporation (the “Sublease Agreement”), to sublease certain office space in Melville, NY, which Sublease Agreement became effective March 25, 2024 upon receipt of the consent to the Sublease Agreement from the landlord of the subject property.”
Uwayne A. Mitchell was appointed as Director at Data Storage Corp.
“the Board of Directors (the “Board”) of Data Storage Corporation (the “Company”) appointed Nancy M. Stallone, CPA and Uwayne A. Mitchell, Esq. to serve as directors of the Company.”
Nancy M. Stallone was appointed as Director at Data Storage Corp.
“the Board of Directors (the “Board”) of Data Storage Corporation (the “Company”) appointed Nancy M. Stallone, CPA and Uwayne A. Mitchell, Esq. to serve as directors of the Company.”
Listing & Compliance Notices
Data Storage Corp received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)(A), 5605(c)(4)).
“January 18, 2024, Nasdaq notified the Company that due to the passing of Mr. Hoffman, the Company no longer complies with Nasdaq’s audit committee requirements as set forth in Rule 5605(c)(2)(A) of the Nasdaq listing standards. Nasdaq further notified the Company that, consistent with Rule 5605(c)(4) of the Nasdaq listing standards, Nasdaq will provide the Company a cure period in order to regain compliance until the earlier of the Company’s next annual meeting of shareholders or December 30, 2024 or, if the next annual meeting of shareholders is held before June 27, 2024, then the Company mus”
Clifford Stein was appointed as director at Data Storage Corp.
“On January 12, 2024, the Board of Directors (the “Board”) of Data Storage Corporation (the “Company”) appointed Clifford Stein to serve as a director of the Company.”
Listing & Compliance Notices
Data Storage Corp received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)(A)).
“ule 5605(c)(2)(A) of the Nasdaq listing standards. Accordingly, the Company does not meet the requirements of Rule 5605(c)(2)(A)”
Earnings Releases
Data Storage Corp reported financial results for the three months ended September 30, 2023.
“On November 14, 2023, Data Storage Corporation, a Nevada corporation (the “Company”), issued a press release that included financial information for the fiscal quarter ended September 30, 2023.”
Shareholder Votes
Data Storage Corp shareholders approved Approval on a Non-Binding Advisory Basis, Executive Compensation at the 2023-09-13 meeting.
“Proposal 3 — Approval on a Non-Binding Advisory Basis, Executive Compensation Votes For Votes Against Abstentions Broker Non-Votes 3,345,886 37,368 9,510 1,742,872”
Shareholder Votes
Data Storage Corp shareholders approved Ratification of the appointment of Rosenberg Rich Baker Berman, P.A. as the Company’s independent registered public accountants for fiscal year ending December 31, 2023 at the 2023-09-13 meeting.
“Proposal 2 — Ratification of the Selection of the Independent Registered Public Accounting Firm Votes For Votes Against Abstentions Broker Non-Votes 5,057,220 51,820 26,596 —”
Shareholder Votes
Data Storage Corp shareholders approved Election of Charles M. Piluso, Harold J. Schwartz, Thomas C. Kempster, John Argen, Joseph B. Hoffman, Lawrence A. Maglione Jr., Matthew Grover and Todd A. Correll as directors at the 2023-09-13 meeting.
“Proposal 1 — Election of Charles M. Piluso, Harold J. Schwartz, Thomas C. Kempster, John Argen, Joseph B. Hoffman, Lawrence A. Maglione Jr., Matthew Grover and Todd A. Correll to serve on the Company’s board of directors For Withheld Broker Non-Votes Charles M. Piluso 3,382,882 9,882 1,742,872 Harold J. Schwartz 3,372,500 20,264 1,742,872 Thomas C. Kempster 3,373,027 19,737 1,742,872 John Argen 3,382,366 10,398 1,742,872 Joseph B. Hoffman 3,381,898 10,866 1,742,872 Lawrence A. Maglione Jr. 3,221,741 171,023 1,742,872 Matthew Grover 3,382,881 9,883 1,742,872 Todd A. Correll 3,381,357 11,407 1,742,872”
Earnings Releases
Data Storage Corp reported financial results for fiscal quarter ended June 30, 2023.
“Data Storage Corporation Reports 22% Year-Over-Year Revenue Growth and Achieves Profitability for the Second Quarter of 2023”
Shareholder Votes
Data Storage Corp shareholders approved Proposal to ratify the appointment of Rosenberg Rich Baker Berman & Company P.A. as the independent registered public accounting firm for fiscal year ending December 31, 2022 at the 2022-11-16 meeting.
“5. The proposal to ratify the appointment of Rosenberg Rich Baker Berman & Company P.A. as the Company’s independent registered public accounting firm for the fiscal year December 31, 2022 was approved as follows: Auditor Votes Against Votes Abstained Broker Non-votes Percentage Voted For Rosenberg Rich Baker Berman & Company P.A. 5,038,057 15,814 19,231 0 99 %”
Shareholder Votes
Data Storage Corp shareholders approved Non-binding advisory vote regarding the frequency of advisory votes on executive compensation at the 2022-11-16 meeting.
“4. The proposal to cast a non-binding advisory vote regarding the frequency of advisory votes on executive compensation was approved for one year as follows: One Year Two Years Three Years Votes Abstained Percentage Voted For “One Year” 3,324,195 12,213 17,866 92,107 66 %”
Shareholder Votes
Data Storage Corp shareholders approved Non-binding advisory vote to approve the compensation of the Company’s named executive officers at the 2022-11-16 meeting.
“3. The proposal to cast a non-binding advisory vote to approve the compensation of the Company’s named executive officers was approved as follows: Votes Against Votes Abstained Broker Non-votes Percentage Voted For 3,291,416 136,226 18,739 1,626,721 65 %”
Shareholder Votes
Data Storage Corp shareholders approved Proposal to amend the 2021 Stock Incentive Plan to increase the number of shares available under the Plan by 700,000 shares at the 2022-11-16 meeting.
“2. The proposal to amend the 2021 Stock Incentive Plan to increase the number of shares available under the Plan by 700,000 shares was approved as follows: Votes Against Broker Non-Votes Percentage Voted For 3,168,339 273,064 1,626,721 62 %”
Shareholder Votes
Data Storage Corp shareholders approved Election of eight nominees for director to serve a one-year term at the 2022-11-16 meeting.
“1. The eight nominees for director were elected to serve a one-year term as follows: Director Votes For Votes Withheld Broker Non-votes Percentage Voted For Charles M. Piluso 3,424,766 21,615 1,626.721 67 % Harold J. Schwartz 3,419,345 27,036 1,626,721 67 % Thomas C. Kempster 3,420,241 26,140 1,626,721 67 % John Argen 3,426,529 19,852 1,626,721 67 % Joseph B. Hoffman 3,330,074 116,307 1,626,721 65 % Lawrence A. Maglione Jr. 3,320,693 125,688 1,626,721 65 % Matthew Grover 3,329,358 117,023 1,626,721 65 % Todd Correll 3,331,629 114,752 1,626,721 65 % Mark Wyllie 3,180,680 265,701 1,626,721 63 % Mark Wyllie’s resignation from the Board occurred since the Record Date; Mr. Wyllie is not elected to serve as a director.”
Mark Wyllie resigned as Chief Executive Officer of Flagship Solutions, LLC and Executive Vice President of the Company at Data Storage Corp.
“On October 28, 2022, Data Storage Corporation (the “Company”) received notice from Mark Wyllie of his resignation (“Resignation”) from his position as Chief Executive Officer of Flagship Solutions, LLC (“Flagship”), a wholly-owned subsidiary of the Company, for “Good Reason””
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.