Overview
Duos Technologies Group, based in Jacksonville, Florida, has closed a public offering of 8,666,666 shares of common stock, raising approximately $65 million. This funding will support the company's $200 million letter of intent with Hydra Host and accelerate the commercialization of its edge data center solutions. The offering was led by Titan Partners and received backing from existing and new institutional investors, reflecting confidence in Duos' growth strategy and leadership under Doug Recker, who will become CEO in 2026.
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Investors: Titan Partners
Duos Technologies Group, based in Jacksonville, Florida, has closed a public offering of 8,666,666 shares of common stock, raising approximately $65 million. This funding will support the company's $200 million letter of intent with Hydra Host and accelerate the commercialization of its edge data center solutions. The offering was led by Titan Partners and received backing from existing and new institutional investors, reflecting confidence in Duos' growth strategy and leadership under Doug Recker, who will become CEO in 2026.