Data Storage Corporation Extends Expiration Time of Offer to Purchase
Data Storage Corporation (Nasdaq: DTST) has announced an extension to its ongoing tender offer. The deadline for shareholders to participate will now move from January 7, 2026, to January 12, 2026. The company plans to use the funds raised to expand into new technology sectors after the offer closes.
The extended tender offer will remain open until midnight, New York City time, on Monday, January 12, 2026. To formalise the change, the company will file an Amendment No. 2 to its Schedule TO with the Securities and Exchange Commission.
Data Storage Corporation currently provides services through its subsidiary, Nexxis, Inc. These include Voice over Internet Protocol (VoIP), unified communications, and dedicated internet connectivity. The company’s broader mission focuses on building sustainable, recurring revenue while maintaining financial discipline. Once the tender offer completes, the funds will support investments in several key areas. These include GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice and data telecommunications. The move reflects a strategic push into high-growth technology markets.
The extension gives shareholders additional time to consider the offer. After the January 12 deadline, the company intends to allocate the raised capital toward expanding its technology and service offerings. This includes investments in AI, cybersecurity, and advanced telecommunications infrastructure.