Every material Form 8-K Data Storage Corp has filed with the SEC since May 15, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Data Storage Corporation said director Harold J. Schwartz resigned from its Board of Directors, effective immediately, after notifying the Board on November 4, 2026. The company said the resignation was not due to any disagreement over its operations, policies or practices, and that Mr. Schwartz did not serve on any Board committee.
Harold J. Schwartz resigned as a Board member, effective immediately
Notice to the Board was given on November 4, 2026; the 8-K was dated November 6, 2026
Company states no disagreement with management on operations, policies or practices
Mr. Schwartz previously served as an officer of former subsidiary CloudFirst Technologies Corporation and sat on no Board committee
Data Storage Corp reported second-quarter 2026 sales of $358,530, up from $327,951 a year earlier, while its net loss attributable to common stockholders widened to $1,225,515 from $733,049. The company completed a tender offer that cut its share count and said it is evaluating acquisitions of recurring-revenue technology businesses, with about $9.3 million in cash and marketable securities and no long-term debt.
Q2 2026 sales rose to $358,530 from $327,951; loss from operations widened to $1,282,070 from $950,762.
Loss per share attributable to common stockholders was $(0.55) for the quarter versus $(0.10) a year earlier.
Six-month share repurchases in connection with the tender offer totaled $29,528,957; treasury stock stood at 5,625,129 shares at June 30, 2026.
Cash and cash equivalents plus marketable securities were about $9.3 million at June 30, 2026, with no long-term debt, according to management.
Data Storage Corp entered into an Equity Distribution Agreement with Maxim Group LLC on May 26, 2026, allowing it to sell common stock through Maxim over time. The ATM Prospectus covers up to $10,600,000 of shares, and the company is not obligated to sell any shares, so the deal could dilute existing shareholders if sales occur.
Agreement dated May 26, 2026 with Maxim Group LLC; Maxim earns a 2.5% commission on gross proceeds from each share sale.
ATM Prospectus relates to up to $10,600,000 of common stock under shelf registration Form S-3 (File 333-280881), declared effective July 26, 2024.
Company must pay up to $25,000 in specified expenses plus $2,500 in legal fees for Maxim on each Bringdown Date.
The company is not required to sell any shares, and the filing gives no assurance on sale timing, price or amount.
Data Storage Corp reported first-quarter 2026 sales of $346,707, up from $312,744 a year earlier, but posted a net loss attributable to common stockholders of $631,272, compared with net income of $24,078 in the prior-year quarter. The company also announced Sovereign AI Solutions, a wholly owned subsidiary for AI continuity infrastructure, and its cash flow statement shows $29.5 million spent on share repurchases in connection with a tender offer, with marketable securities falling to $9.6 million from $39.0 million at year-end 2025.
Sales were $346,707 versus $312,744 a year earlier; gross profit rose to $186,019 from $140,777.
Selling, general and administrative expense rose to $1,472,113 from $856,915, and the operating loss widened to $1,286,094 from $716,138.
Basic and diluted loss per share attributable to common stockholders was $(0.20), versus $0.00 a year earlier.
Share repurchases in connection with a tender offer totaled $29,528,957; Nexxis sales rose 10.9% and gross margin was 53.7% versus 45.0%.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Data Storage Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →