Financing ·
Duos Technologies Group, Inc. purchased a building and land in Columbus, Georgia, for $15 million in cash and a Seller…
DUOTDuos Technologies Group, Inc.
Duos Technologies Group, Inc. purchased a building and land in Columbus, Georgia, for $15 million in cash and a Seller Contingent Earnout Note. The Note has a three-year term and a maximum payout of $15 million based on following three power-delivery milestones. Milestone payments can be made in common stock at a fixed price of $10.50 per share starting December 14, 2026. Duos Technologies Group, Inc. provides technology solutions for the rail and transportation industry.