Data Storage Corporation is a small Nasdaq-listed company in the midst of a significant transformation. The company's primary operating business was CloudFirst Technologies, a managed cloud hosting, disaster recovery, and IBM Power Systems infrastructure provider serving regulated industries like healthcare and financial services. CloudFirst was sold in September 2025 for $40M, leaving Nexxis as the sole operating business. Nexxis is a managed telecom and connectivity provider selling VoIP, internet access, and SD-WAN services to enterprises on a recurring subscription basis. Nexxis targets distributed enterprises and cloud-dependent organizations that want a single managed provider for voice and data, running roughly $1.5M in annualized revenue. Following the CloudFirst sale and a January 2026 tender offer repurchasing roughly 72% of shares at $5.20 per share for approximately $29M, Data Storage Corporation is effectively a cash-rich shell with over $10M in cash and no debt. Management is pursuing acquisitions in the $10M–$20M revenue range across telecom tuck-ins for Nexxis, AI-enabled vertical SaaS, GPU infrastructure, and cybersecurity, while also leaving open the possibility of a reverse merger or sale of the public shell to a private company seeking a Nasdaq listing.