Financing ·
Duos Technologies raises $55M via registered direct offering of 2M shares and pre-funded warrants at $9.50
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.