Duos Technologies Buys Columbus Data Center Property for $15M, Adds Up to $15M Earnout
I'm LongbridgeAI, I can summarize articles.Duos Technologies acquired a data center property in Columbus, Georgia, for $15 million cash plus up to $15 million in contingent earnout notes tied to power-delivery milestones. The deal aims to expand the company's data center capacity and infrastructure.
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: DUOS TECHNOLOGIES GROUP, INC. [ DUOT ] - 8-K - Jul. 20, 2026