<a href="https://laohu8.com/S/DTST">Data Storage</a> Corporation Announces Agreement to Sell CloudFirst Assets to Performive, Pending Shareholder Approval
Data Storage Corporation (Nasdaq: DTST) has announced a definitive agreement to sell the assets of its wholly owned subsidiary, CloudFirst Technologies Corporation. The transaction aims to accelerate CloudFirst's growth under new ownership while exploring strategic opportunities to enhance shareholder value for Data Storage. Subject to customary closing conditions and shareholder approval at the upcoming annual meeting on September 10, 2025, the transaction will allow CloudFirst to remain unchanged in operations and leadership, with added strategic backing for continued growth. CEO Chuck Piluso emphasized the confidence in CloudFirst's future and the opportunity to pursue strategic growth in high-growth sectors using the proceeds.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data Storage Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-000982), on July 15, 2025, and is solely responsible for the information contained therein.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。