other_material
confidence high
sentiment neutral
materiality 0.70
Duos Technologies prices $65M public offering of 8.67M shares at $7.50/share
DUOS TECHNOLOGIES GROUP, INC.
- Gross proceeds ~$65M from 8,666,666 shares at $7.50/share; underwriter 30-day option for 1,299,999 additional.
- Net proceeds to expand Edge Data Center business and for working capital and general corporate purposes.
- Titan Partners acted as sole bookrunner; offering closed on March 2, 2026.
- Underwriter received a five-year warrant to purchase 433,334 shares at $9.00/share.
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