 MELVILLE, N.Y., May 13, 2021 GLOBE NEWSWIRE -- Data Storage Corporation OTC: DTST DSC and the Company, a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced the pricing of its upsized underwritten public offering of 1,600,000 units at a price to the public of 6.75 per unit. Each unit to be issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of 7.425. The common stock and warrants are immediately separable and will be issued separately. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market, on May 14, 2021, under the symbols DTST and DTSTW, respectively. DSC expects to receive gross proceeds of 10.8 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In connection with the offering, the Company will effectuate a reverse split of its issued and outstanding common stock at a ratio of 1-for-40. The reverse stock split is expected to be effective at 12:01 a.m., Eastern Time, on May 14, 2021. The share numbers and pricing information in this release are adjusted to give effect to the reverse stock split. 