Financing ·
Duos Technologies Group, Inc. announced an underwritten registered direct offering of 2,000,000 shares of common stock…
DUOTDuos Technologies Group, Inc.
Duos Technologies Group, Inc. announced an underwritten registered direct offering of 2,000,000 shares of common stock and 3,800,000 pre-funded warrants at $9.50 per share or warrant, aiming to raise approximately $55 million in gross proceeds. The offering is expected to close on June 18, 2026. TD Cowen and Cantor acted as joint bookrunners. Duos Technologies Group, Inc. provides AI-driven inspection and monitoring solutions for the transportation and transportation infrastructure industry.