Core Viewpoint - Duos Technologies Group, Inc. has successfully completed an upsized and oversubscribed public offering, raising capital to support its Edge Data Center business and fulfill a $50 million revenue pipeline [1][3][4]. Group 1: Offering Details - The company priced its public offering at $6.00 per share, totaling 6,666,667 shares, with an additional option for underwriters to purchase up to 838,851 shares [1][3]. - The offering is expected to close on or about August 1, 2025, subject to customary closing conditions [4]. Group 2: Financial Position and Use of Proceeds - With over $40 million in expected cash on hand, Duos is fully capitalized to advance the deployment of 65 additional Edge Data Centers [2][3]. - The net proceeds from the offering will be utilized to expand, accelerate, and further commercialize the company's Edge Data Center business [3]. Group 3: Investor Participation - The offering saw primary participation from fundamental institutional investors, including a leading long-only mutual fund and several prominent global investment managers [2][4].