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Exhibit 2.5 Remove


November 2025
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23222120191817

Public Company News

Business Press Releases
Page 1

Exhibit 2.5 Press Releases

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Whistleblower Seeks SEC and Shareholder Review of Cogent Communications' 2003 Acquisition of FNSI
By Fiber Netowrk Solutions
New evidence highlights missing filings, suspect governance, and a 582% dividend payout ahead of May 8 earnings call.
Cogent Communications Faces Federal Scrutiny Over Fraudulent Acquisition and 22-Year Corporate Cover-Up
By Fiber Network Solutions, Inc.
"Exhibit 2.5 isn't a footnote — it's the foundation of a 22-year fraud," says whistleblower David J. Koch, who will attend Cogent's May 8 earnings call.

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