Duos Technologies Group, Inc.: sells GPUaaS SPV with 2,304 GPUs

What happened Duos Technologies Group, Inc. filed an 8-K reporting that on Sep 30, 2026 it entered into an Equity Purchase Agreement with Axe Compute, Inc. and sold 100% of the issued and outstanding membership interests in Duos Edge AI – GPUaaS, LLC (the SPV). The SPV’s assets consisted of 288 Supermicro B300 servers (2,304 GPUs) and associated networking equipment. The transaction closed on Sep 30, 2026.

Key details

• As consideration, Axe repaid in full the SPV’s pre-existing debt of approximately $87,800,000.
• Axe agreed to pay the company a deferred purchase price of $715,000 per month for a period of 60 months.
• The deferred purchase price must be repaid within the earlier of 12 months following closing or the date that Axe or any affiliate enters into a loan or other financing secured by the cluster.
• The filing reports Item 1.01 (entry into a material definitive agreement) and Item 2.01 (completion of disposition of assets).

Why it may matter The filing reports the company entered into a material definitive agreement (Item 1.01) and completed a disposition of assets (Item 2.01) related to the sale and closing of the SPV on Sep 30, 2026. The filing does not show why the insider traded or why the company acted.