Duos Technologies Group Announces $65 Million Public Offering

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Duos Technologies Group, Inc., a provider of adaptive, modular, and scalable Edge Data Center solutions, announced the pricing of its underwritten public offering of 8,666,666 shares of common stock for total gross proceeds of approximately $65 million. The company has also granted the underwriters a 30-day option to purchase up to an additional 1,299,999 shares to cover over-allotments. The offering is expected to close on or about March 2, 2026.

Why it matters

The public offering will provide Duos Technologies with additional capital to expand and accelerate the commercialization of its Edge Data Center business, which is a growing segment of the data infrastructure market. This funding will help the company strengthen its position in the rapidly evolving Edge Data Center space.

The details

The net proceeds from the offering will be used to expand, accelerate, and further commercialize the company's Edge Data Center business, as well as for working capital and general corporate purposes. Titan Partners, a division of American Capital Partners, is acting as the sole bookrunner for the offering.

• The offering is expected to close on or about March 2, 2026.
• The company filed a shelf registration statement on Form S-3 with the SEC on February 11, 2026, which was declared effective on February 12, 2026.

What’s next

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