Duos Technologies entered into an asset purchase to acquire a building and land in Columbus, Georgia for use as a data center. The deal includes $15 million in cash and a three-year contingent earnout note of up to $15 million tied to three 5 MW power-delivery milestones. At the seller’s option, milestone payments can be settled in restricted common shares at a fixed $10.50 per share on or after Dec 14, 2026. The acquisition is intended to expand Duos’ data center capacity and infrastructure.
Agreement details:
- Agreement type: Acquisition of data center property with three-year contingent earnout note
- Counterparty: N/A
- Signed / Effective: Jul 14 2026 / same
- Duration / Termination: 3 years (earnout note term)
- Reason: Expand data center capacity and infrastructure
Original SEC Filing:
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