DUOS TECHNOLOGIES GROUP, INC. (DUOT) Form 8-K — Jul 20, 2026
Duos Technologies Group, Inc. agreed to purchase a building and related land in Columbus, Georgia for $15 million in cash to serve as a data center. The transaction is secured by a property located at 8 Corporate Ridge Parkway and was signed on July 14, 2026. The agreement includes a Seller Contingent Earnout Note with a maximum value of $15 million, payable upon the seller achieving specific power delivery milestones over a three-year term.
Key figures
- Debt Amount
- 15000000
- Deal Value Usd
- 15000000
- Earnout term years
- 3
- Stock payment price
- $10.50
- Milestone payment amount
- $5,000,000
Price after filing
Close on the filing date to close N calendar days later (from $8.18). Historical, not a forecast.
AI analysis
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