Shutts & Bowen LLP, a full-service business law firm with eight offices across Florida, recently advised Duos Technologies Group, Inc. in its $55 million registered direct offering.

Duos, based in Jacksonville, Florida, announced an underwritten registered direct offering that included 2,000,000 shares of common stock in addition to 3,800,000 warrants sold to a single large institutional investor. The net proceeds from the offering will be used to support the expansion, acceleration and commercialization of Duos’ Edge Data Center business, as well as for working capital and general corporate needs.

Shutts & Bowen’s legal team was led by J. Thomas Cookson, a corporate partner in the firm’s Miami office, along with attorney Tah’Jai Graves. 

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About J. Thomas Cookson

J. Thomas Cookson is a partner in the Miami office of Shutts & Bowen LLP, where he is a member of the Corporate Practice Group. A Martindale-Hubbell AV®-rated attorney, Tom has been recognized among The Best Lawyers in America since 2009 and included on such lists as the South Florida Legal Guide’s Top Lawyers and South Florida Business Journal’s Best of the Bar. He has more than 30 years of experience structuring and negotiating complex business transactions, mergers and acquisitions, leveraged buyouts, recapitalizations, debt and equity financings, and securities offerings.

About Tah’Jai M. Graves

Tah’Jai M. Graves is an Associate in the Miami office of Shutts & Bowen LLP, where he is a member of the Corporate Practice Group. Tah’Jai concentrates his practice on corporate matters related to contracts, mergers and acquisitions, corporate governance and general business transactions.