---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-001050"
form_type: "8-K"
ticker: "DUOT"
cik: "0001396536"
company_name: "DUOS TECHNOLOGIES GROUP, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:40:24.276142+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Duos Tech raises $5M from existing investors via Series F convertible at $6.20/sh conversion

## Summary
- Sold 5,000 shares of Series F Convertible Preferred Stock at $1,000 each for aggregate proceeds of $5,000,000 to existing investors.
- Conversion price set at $6.20 per share; each share convertible into common stock subject to 19.99% beneficial ownership limit.
- Series F carries 161 votes per share (adjustable) but capped at beneficial ownership limit; votes together with common on all matters.
- Company must file registration statement for resale of conversion shares within 90 days of closing; registration rights agreement.
- Certificate of Designation filed on July 31, 2023 authorizing Series F; terms include dividend participation, liquidation preference.

## SEC filing metadata
- accession: 0001079973-23-001050
- form_type: 8-K
- ticker: DUOT
- cik: 0001396536
- company_name: DUOS TECHNOLOGIES GROUP, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396536/000107997323001050/0001079973-23-001050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396536/000107997323001050/duos_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-001050
- JSON: https://secwatch.observer/filing/0001079973-23-001050.json
- Plain text: https://secwatch.observer/filing/0001079973-23-001050.txt

## Key facts
- Governance Changes
  DUOS TECHNOLOGIES GROUP, INC.: Filed Certificate of Designation for Series F Convertible Preferred Stock, amending certificate of incorporation (effective 2023-07-31).
  - Change: charter amendment
  - Effective: 2023-07-31
  source text: On July 31, 2023, the Company amended its Certificate of Incorporation by filing the Certificate of Designation of Preferences, Rights and Limitations of Series F Convertible Preferred Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323001050/0001079973-23-001050-index.htm
- Material Agreements
  DUOS TECHNOLOGIES GROUP, INC. entered into Securities Purchase Agreement with certain existing investors in the Company (the "Purchasers") valued at $5,000,000 (effective 2023-08-01).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain existing investors in the Company (the "Purchasers")
  - Value: $5,000,000
  - Effective: 2023-08-01
  source text: On August 1, 2023, Duos Technologies Group, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain existing investors in the Company (the “Purchasers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997323001050/0001079973-23-001050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.