Business Context and Reporting Period
Company: Data Storage Corporation (DTST)
Filing Type: Form 8-K (Current Report)
Date of Report: May 3, 2024
Reporting Period: This filing reports a specific corporate governance event occurring on May 3, 2024, rather than a financial reporting period.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding corporate bylaws and does not contain financial statements or performance metrics.
Material Changes
Amendment to Bylaws: On May 3, 2024, the Board of Directors adopted resolutions to amend the Company's Bylaws. The amendment establishes that the presence in person or by proxy of holders of thirty-three and one-third percent (33 1/3%) of the outstanding voting stock shall constitute a quorum at each meeting of stockholders, except where otherwise provided by law.
Guidance, Outlook, and Risks
Management Commentary: The filing contains no management commentary regarding future outlook, guidance, or operational strategy.
Risks and Contingencies: No specific risks or contingencies are disclosed in this filing. The document references the full text of the Amendment to Bylaws attached as Exhibit 3.1 for complete details.
Investor Verification Checklist
- Verify the full text of the Amendment to Bylaws in Exhibit 3.1 to confirm the exact quorum threshold and any exceptions.
- Confirm the impact of the 33 1/3% quorum requirement on future shareholder meeting outcomes.
- Check subsequent filings for any related financial impacts or changes in corporate governance structure.