Duos Technologies announces common stock offering, no amount given

Duos Technologies (DUOT) Group announced that it is commencing an underwritten public offering of shares of its common stock. The net proceeds from the offering will be used to expand, accelerate, and further commercialize the company’s Edge Data Center business. With this funding, the company is expected to be fully capitalized to execute on its substantial backlog and advance to Stage 2 of its EDC strategy, which is the development and deployment of more than 65 edge data centers. Titan Partners Group, a division of American Capital Partners, is acting as the sole bookrunner for the offering.