Duos Technologies raises ~$55M in registered direct offering of stock and warrants

DUOS TECHNOLOGIES GROUP, INC.

Gross proceeds ~$55M from 2M shares and 3.8M pre-funded warrants at $9.50 each.
Single large institutional investor; net proceeds to expand Edge Data Center business and for working capital.
Offering closed June 17, 2026; lead bookrunner TD Cowen, joint bookrunner Cantor.
Pre-funded warrants exercisable at $0.001, with 4.99% ownership limit (can increase to 9.99%).
Shares and warrants sold under effective S-3 shelf registration (File No. 333-293372) filed Feb 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DUOS TECHNOLOGIES GROUP, INC. entered into Underwriting Agreement with TD Securities USA LLC, as representative of the Underwriters valued at approximately $55 million (effective 2026-06-17).

Action: entry
Agreement: underwriting
Counterparty: TD Securities USA LLC, as representative of the Underwriters
Value: approximately $55 million
Effective: 2026-06-17

Exact text from the filing

The Offering was conducted pursuant to an underwriting agreement (the “Agreement”) between the Company and TD Securities USA LLC, as representative of the Underwriters named therein (the “Underwriters”), that was entered into on June 17, 2026.

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801 material agreements filed in the last 30 days. Browse all material agreements →

DUOS TECHNOLOGIES GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001079973-26-000851

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