Duos Technologies buys Columbus, Georgia data center property for $15 million cash plus earnout note
DUOT•Columbus, Georgia data center property acquisition
Duos Technologies Group bought a building and land in Columbus, Georgia for use as a data center on July 14, 2026.
- Purchase price: $15 million cash, plus a Seller Contingent Earnout Note tied to power-delivery milestones.
- The earnout note runs for three years and pays $5 million for each additional 5 MW delivered above closing availability, up to $15 million.
- Unmet milestones by term-end trigger no payment for those milestones; the seller may elect restricted shares at $10.5 per share from Dec. 14, 2026.
