DelistingMay 21, 2026, 08:50 AM
Data Storage Warrants Expire, Delisted from Nasdaq
AI Summary
Data Storage Corporation announced the expiration of all outstanding publicly traded warrants to purchase up to 1,464,610 shares of its common stock on May 18, 2026. As a result, the warrants have been delisted from Nasdaq, which the company states eliminates a potential source of future dilution and simplifies its capital structure. CEO Chuck Piluso highlighted that the company now has approximately 2.2 million shares outstanding and is better positioned to execute its strategy focused on AI continuity infrastructure for regulated industries.
Key Highlights
- Publicly traded warrants to purchase 1,464,610 shares expired on May 18, 2026.
- The warrants (DTSTW) have been delisted from The Nasdaq Capital Market.
- The expiration eliminates a potential source of future dilution and simplifies the capital structure.
- Data Storage Corp now has approximately 2.2 million shares of common stock outstanding.
- Company is focused on AI continuity infrastructure for regulated industries.
- Planned establishment of Sovereign AI Solutions, a wholly owned AI continuity subsidiary.
Price Impact
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