Datacentrex, Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Unregistered Sales of Equity Securities On July 17, 2025, the Company issued 12,500 shares of common stock upon the conversion of 1,000 shares of Series B Preferred at a conversion price of $4.00 per share. On August 6, 2025, the Company issued 49,332 shares of common stock upon the conversion of 3,289 shares of Series A Preferred at a conversion price of $3.00 per share. On September 15, 2025, the Company issued 3,085 shares of its Series A Preferred as dividends pursuant to the terms of the Series A Certificate of Designation. During the three months ended September 30, 2025, the Company issued 8,906 shares of common stock upon the cashless exercise of 15,000 options. During the three months ended September 30 , 2025, the Company issued 7,500 shares of common stock for services rendered and to be rendered to the Company. The foregoing issuances were exempt from registration under Section 4(a)(2) of the Securities Act. 32 Share Repurchase Program The following table provides information about the Company’s purchases of equity securities during the quarter ended September 30, 2025. Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced plans or programs (1) Maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs July 1 to July 31, 2025 - - - 701,793 August 1 to August 31, 2025 - - - 701,793 September 1 to September 30, 2025 183,055 5.24 183,055 8,742,580 Total 183,055 $ 5.24 183,055 $ 8,742,850 (1) On September 23, 2025, the Company’s board of directors authorized a share repurchase program, pursuant to which the Company may repurchase up to $10 million of its shares of common stock through December 31, 2026 (the “September Buyback Program”). This share repurchase program is in addition to the share repurchase program approved by the Company’s board of directors on February 26, 2025, which authorized the Company to repurchase up to $1 million of its shares of common stock and was completed on September 19, 2025. Approximately $8.7 million remains authorized for repurchase under the September Buyback Program. Item 3. Defaults upon Senior Securities None.