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Duos Technologies Group, Inc. Announces Proposed Public Offering of Common Stock
Duos Technologies Duos Technologies (US:DUOT) GlobeNewswire News Roomยท2025-07-30 20:20

Core Points - Duos Technologies Group, Inc. is initiating an underwritten public offering of its common stock to support the expansion and commercialization of its Edge Data Center business [1][2] - The net proceeds from the offering will be utilized to capitalize on a substantial backlog and advance to Stage 2 of the company's Edge Data Center strategy, which involves the development and deployment of over 65 edge data centers [2] - Titan Partners Group is acting as the sole bookrunner for the offering, which is being conducted under a shelf registration statement filed with the SEC [2] Company Overview - Duos Technologies Group, Inc. is based in Jacksonville, Florida, and operates through subsidiaries that focus on intelligent technology solutions for Machine Vision and AI applications, including Edge Data Centers [4]