debt
confidence high
sentiment positive
materiality 0.70
Duos subsidiary obtains $98.1M 3-year debt facility from USD.AI for NVIDIA B300 GPUs
DUOS TECHNOLOGIES GROUP, INC.
- Edge GPU secured $98.1M asset-based financing with a three-year term from USD.AI.
- Proceeds support deployment of NVIDIA B300 GPUs; infrastructure managed by Hydra Host.
- Financing collateralized by GPUs and related equipment held by bankruptcy-remote SPV.
- Duos pledges its equity stake in Edge GPU but bears no liability except for specified bad-boy events.
- Closing expected within 30 days following GPU delivery and installation.