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Duos Technologies Group makes its debut on the Nasdaq

Duos Technologies Group Inc (NASDAQ:DUOT) CEO Gianni Arcaini rung the Nasdaq opening bell on Friday, announcing the pricing of an $8 million public offering the same day its shares began trading. Arcaini says the intelligent analytical technology company is ready to scale and company, and is offering 1.3 million shares at a price of $6 per share.

It plans to use the proceeds for research and development activities, sales and marketing, and for general working capital purposes.

Quick facts: Duos Technologies Group, Inc.

Price: 3.7 USD

NASDAQ:DUOT
Market: NASDAQ
Market Cap: $13.53 m
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Duos Technologies' new CEO is a former Lockheed-Martin exec and Army veteran

Duos Technologies Group Inc (NASDAQ:DUOT) new CEO Charles Ferry speaks to Proactive about his defense contracting and longtime US Army service member background. Ferry says he spent 26 years of active duty service in the US Army. He most recently served as CEO of APR Energy, a global fast-track...

1 week, 6 days ago

2 min read