Duos Technologies closes $55 million registered direct offering priced at $9.5 per share

Duos Technologies Group Inc

Duos Technologies Group Inc

DUOT

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  • Duos Technologies Group closed an underwritten registered direct offering raising about USD 55 million in gross proceeds.
  • Deal included 2 million common shares, 3.8 million pre-funded warrants priced at USD 9.5 each.
  • Single institutional investor bought the offering to support growth plans.
  • Proceeds earmarked for expansion, acceleration, commercialization of the Edge Data Center business, working capital, general corporate purposes.
  • TD Cowen led the bookrunning; Cantor served as joint bookrunner.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duos Technologies Group Inc. published the original content used to generate this news brief on June 17, 2026, and is solely responsible for the information contained therein.