Duos Technologies prices $65 million stock offering

Duos Technologies Group Inc. (NASDAQ: DUOT) announced the pricing of an underwritten public offering of 8,666,666 shares of common stock for total gross proceeds of approximately $65 million, before deducting underwriting discounts, commissions, and offering expenses.

The Jacksonville, Florida-based company granted underwriters a 30-day option to purchase up to an additional 1,299,999 shares to cover over-allotments at the public offering price. The offering is expected to close on or about March 2, 2026, subject to customary closing conditions.

Duos Technologies stated it will use net proceeds from the offering to expand and further commercialize its Edge Data Center business and for working capital and general corporate purposes. The company provides Edge Data Center solutions along with machine vision and artificial intelligence applications.

Titan Partners, a division of American Capital Partners, is serving as the sole bookrunner for the offering.

The offering is being conducted pursuant to a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission on February 11, 2026, and declared effective by the SEC on February 12, 2026.

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