DUOS Technologies Group Acquires Columbus, GA Data Center Property

What Happened
DUOS Technologies Group, Inc. (DUOT) filed an 8-K on July 20, 2026 announcing it purchased a building and related land in Columbus, Georgia for use as a data center. The purchase consideration was $15.0 million in cash plus the issuance of a Seller Contingent Earnout Note (the "Note") that can trigger additional payments if certain power-delivery milestones are met.

Key Details

• Purchase price: $15,000,000 in cash plus issuance of a Seller Contingent Earnout Note.
• Note terms: three-year term; up to three milestones, each tied to supplying an additional 5 MW of power.
• Contingent payments: $5.0 million per milestone (i.e., $5M per additional 5 MW), for a maximum potential payout of $15.0 million. If a milestone is not met by the three-year term end, no payment is due for that milestone.
• Stock option: At the seller’s option on or after December 14, 2026, a milestone payment may be made in restricted DUOS common shares at a fixed price of $10.50 per share.
• The form of the Note is filed as Exhibit 10.1 to the 8-K.

Why It Matters
This is a strategic real-estate acquisition to expand DUOS’s data center capacity; the cash outlay is $15M now with potential additional contingent payouts only if the seller enables greater power delivery. The earnout structure limits immediate cash risk but creates potential future obligations (up to $15M) tied to infrastructure performance. The seller’s ability to take milestone payments in restricted shares at $10.50/share could result in future equity dilution depending on how payments are settled. Investors should note the three-year milestone window and the specific power-delivery tie to future payments when assessing the deal’s financial impact.