Deal conducted at $0.15 with Charles Piluso, Piluso Family Associates
By Devika Patel
Knoxville, Tenn., Sept. 21 - Data Storage Corp. settled a $250,000 private placement of stock on Sept. 19, according to an 8-K filed Friday with the Securities and Exchange Commission. The deal priced Sept. 18.
The company sold 1,666,666 common shares to Charles M. Piluso and Piluso Family Associates. The price per share, of $0.15, is identical to the Sept. 17 closing share price.
Data Storage is a data protection services provider based in Westbury, N.Y.
| Issuer: | Data Storage Corp.
|
| Issue: | Common stock
|
| Amount: | $250,000
|
| Shares: | 1,666,666
|
| Price: | $0.15
|
| Warrants: | No
|
| Investor: | Charles M. Piluso and Piluso Family Associates
|
| Pricing date: | Sept. 18
|
| Settlement date: | Sept. 19
|
| Stock symbol: | OTCBB: DTST
|
| Stock price: | $0.15 at close Sept. 17
|
| Market capitalization: | $4.36 million
|
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