Data Storage Corp. Files 8-K
Ticker: DTSTW · Form: 8-K · Filed: Aug 29, 2025 · CIK: 1419951
| Field | Detail |
|---|---|
| Company | Data Storage Corp (DTSTW) |
| Form Type | 8-K |
| Filed Date | Aug 29, 2025 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.001, $34,700,000, $40,800,000, $40,000,000, $36,500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, reporting
TL;DR
Data Storage Corp. filed a standard 8-K, no major news.
AI Summary
Data Storage Corp. filed an 8-K on August 29, 2025, reporting on other events and financial statements. The company, formerly known as Euro Trend Inc., is incorporated in Nevada and headquartered in Melville, New York. This filing does not appear to contain specific financial transactions or material events beyond routine reporting.
Why It Matters
This 8-K filing indicates routine corporate reporting by Data Storage Corp. and does not disclose any significant new events or financial information.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report and does not contain information about significant events, financial performance, or strategic changes.
Key Players & Entities
- Data Storage Corp. (company) — Registrant
- Euro Trend Inc. (company) — Former Name
- Nevada (jurisdiction) — State of Incorporation
- Melville, New York (location) — Principal Executive Offices
- August 29, 2025 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing for Data Storage Corp.?
The primary purpose of this 8-K filing is to report on 'Other Events' and 'Financial Statements and Exhibits' as of August 29, 2025.
What was Data Storage Corp.'s former name?
Data Storage Corp.'s former name was Euro Trend Inc., with a date of name change on November 30, 2007.
In which state is Data Storage Corp. incorporated?
Data Storage Corp. is incorporated in Nevada.
What is the principal executive office address for Data Storage Corp.?
The principal executive office address is 225 Broadhollow Road, Suite 307, Melville, New York 11747.
Does this filing indicate any specific new material events or financial transactions?
Based on the provided text, this filing appears to be a routine report and does not specify any new material events or financial transactions.
Filing Stats: 1,930 words · 8 min read · ~6 pages · Grade level 11.4 · Accepted 2025-08-29 16:48:45
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share DTST The Nasdaq Capital M
- $34,700,000 — lue reference range for the Business of $34,700,000 to $40,800,000, as compared to the Base
- $40,800,000 — ange for the Business of $34,700,000 to $40,800,000, as compared to the Base Purchase Price
- $40,000,000 — compared to the Base Purchase Price of $40,000,000. None of the selected companies have c
- $36,500,000 — lue reference range for the Business of $36,500,000 to $42,600,000, as compared to the Base
- $42,600,000 — ange for the Business of $36,500,000 to $42,600,000, as compared to the Base Purchase Price
Filing Documents
- e6813_8k.htm (8-K) — 96KB
- 0001731122-25-001185.txt ( ) — 307KB
- dtst-20250829.xsd (EX-101.SCH) — 4KB
- dtst-20250829_def.xml (EX-101.DEF) — 26KB
- dtst-20250829_lab.xml (EX-101.LAB) — 36KB
- dtst-20250829_pre.xml (EX-101.PRE) — 25KB
- e6813_8k_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events. On August 8, 2025, Data Storage Corporation, a Nevada corporation (the "Company"), filed with the U.S. Securities and Exchange Commission (the "SEC") a definitive proxy to be held on September 10, 2025 to, among other things, vote on a proposal to approve the divestiture of the Company's cloud solutions business (the "Business"), which represents the sale of substantially all of the Company's assets and will include the sale of all of the assets of the Company's subsidiary, CloudFirst Technologies Corporation ("CloudFirst Delaware"), including the sale of 100% of the outstanding equity interests of CloudFirst Europe Ltd., together with its assets necessary to operate the Business (the "Divestiture"). The proposal to approve the Divestiture is referred to as the "Divestiture Proposal". The Company received letters from purported shareholders of the Company, dated August 14, 2025, August 18, 2025 and August 27, 2025, seeking, among other things, additional information regarding the financial multiples and metrics for each of the companies observed in the Selected Companies Analysis and Selected Transactions Analysis of Cassel Salpeter & Co., LLC. Counsel to the purported shareholders expressed their clients' belief that the Company's Definitive Proxy Statement omits material information with respect to the Divestiture Proposal and demanding that the Company make additional and supplemental disclosures regarding the Divestiture. The Company believes that the claims asserted by counsel to the purported shareholders are entirely without merit and that no further disclosure is required by applicable rule, statute, regulation or law beyond that already contained in the Definitive Proxy Statement. However, to preclude and avoid the cost and distraction of a potential lawsuit regarding the sufficiency of the disclosures in the
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 29, 2025 DATA STORAGE CORPORATION By: /s/ Charles M. Piluso Name: Charles M. Piluso Title: Chief Executive Officer