The offering was led by several of the company's largest existing shareholders alongside new institutional investors The financing positions the company to capitalize on ~$200M NVIDIA GPU hosting LOI with Hydra Host under new CEO, Doug Recker JACKSONVILLE, Fla., March 03, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a leading provider of adaptive, modular, and scalable Edge Data Center (“EDC”) solutions, today announced it has closed its underwritten public offering of 8,666,666 shares of common stock for total gross proceeds of approximately $65 million, before deducting underwriting discounts, commissions, and offering expenses.