Duos Technologies Group Inc. Increases Share Offering by $10.5 Million Through At-The-Market Sales Agreement Amendment

Reuters
30 May
<a href="https://laohu8.com/S/DUOT">Duos Technologies</a> Group Inc. Increases Share Offering by $10.5 Million Through At-The-Market Sales Agreement Amendment

Duos Technologies Group Inc. has announced an update to its At-The-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC. The company has increased the amount of shares available for sale by $10.5 million, bringing the total offering to a higher aggregate amount. This move follows a prior agreement made in 2024, with the latest amendment aiming to expand their financial reach through an at-the-market offering. The sale of these shares will be conducted under the company's existing shelf registration statement, with Ascendiant Capital Markets acting as the sales agent. The company will manage the sale parameters including the number of shares and price conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duos Technologies Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-000945), on May 29, 2025, and is solely responsible for the information contained therein.

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