Item 8.01. Other Events.



On January 24, 2022, DUET Acquisition Corp. (the "Company") completed its initial public offering (the "Offering") of 8,625,000 units ("Units"), including the issuance of 1,125,000 Units as a result of the underwriter's full exercise of its over-allotment option. Each Unit consists of one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), and one redeemable warrant ("Warrant"), each Warrant entitling the holder thereof to purchase one share of Class A Common Stock at an exercise price of $11.50 per share, subject to adjustment, pursuant to the Company's registration statement on Form S-1 (File Nos. 333-261494). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $86,250,000.

As previously reported on a Current Report on Form 8-K of the Company, on January 24, 2022, simultaneously with the consummation of the Offering, the Company completed a private placement of an aggregate of 390,000 units (the "Private Placement Units"), including the issuance of 33,750 Private Placement Units in connection with the underwriter's full exercise of its over-allotment option, at a price of $10.00 per Private Placement Unit, generating total gross proceeds of $3,900,000 (the "Private Placement").

A total of $87,543,750, comprised of the proceeds from the Offering and the proceeds of the Private Placement, net of the underwriting commissions, discounts, and offering expenses, was deposited in a trust account established for the benefit of the Company's public stockholders. An audited balance sheet as of January 24, 2022 reflecting receipt of the proceeds upon consummation of the Offering and the Private Placement has been issued by the Company and is attached hereto as Exhibit 99.1.

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