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.
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