DUET Acquisition Corp. entered in to security purchase agreement with DUET Partners LLC for issuance of 393,100 units at a price of $10 per unit for a total gross proceeds of $3,931,000 on December 3, 2021. Each unit will consists of one Class A ordinary share and one half of one warrant.

Each warrant is exercisable to purchase one whole Class A ordinary share at $11.50 per share. The company has granted over-allotment option to sponsor to purchase additional 39,375 units from the company. All the securities will be issued pursuant to exemption from registration under the Act pursuant to Section 4(a)(2).