Duos Edge AI signs exclusive term sheet with 0Lat for structured lease of 15-site edge data center portfolio
DUOT•Key terms remain to be finalized
The term sheet sets a 90-day exclusivity period for confirmatory diligence, including site-level verification of invested capital.
Structure, pricing and payment terms remain to be finalized. The parties aim to structure any definitive deal as a true lease.
The transaction is not assured; the term sheet is binding only for exclusivity, confidentiality and expense provisions.
Exclusive term sheet covers 15 edge data center sites
Duos Edge AI signed a non-binding term sheet with 0Lat for a proposed structured lease covering 15 edge data center sites.
The portfolio spans Texas and Georgia, totaling 225 cabinets, and is intended to support Zero Latency’s distributed compute operations.
