---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-24-000411"
form_type: "8-K"
ticker: "DUOT"
cik: "0001396536"
company_name: "DUOS TECHNOLOGIES GROUP, INC."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:23:48.449835+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Duos Technologies raises $2.625M via Series D and Series E convertible preferred stock

## Summary
- Issued 500 shares of Series D Convertible Preferred Stock for $500,000 proceeds.
- Issued 2,125 shares of Series E Convertible Preferred Stock for $2,125,002 proceeds.
- Both series sold at $1,000 per share to accredited investors under Rule 506(b).
- Registration rights agreements require filing resale registration statement within 90 days.
- Series E terms restrict issuance of common stock at less than conversion price until Dec 31, 2024 without 66.6% holder consent.

## SEC filing metadata
- accession: 0001079973-24-000411
- form_type: 8-K
- ticker: DUOT
- cik: 0001396536
- company_name: DUOS TECHNOLOGIES GROUP, INC.
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396536/000107997324000411/0001079973-24-000411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396536/000107997324000411/duot_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-24-000411
- JSON: https://secwatch.observer/filing/0001079973-24-000411.json
- Plain text: https://secwatch.observer/filing/0001079973-24-000411.txt

## Key facts
- Material Agreements
  DUOS TECHNOLOGIES GROUP, INC. entered into Series D Purchase Agreement with certain accredited investors valued at proceeds of $500,000 (effective 2024-03-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Value: proceeds of $500,000
  - Effective: 2024-03-22
  source text: Pursuant to one agreement (the “Series D Purchase Agreement”), the Company issued an aggregate of 500 shares of Series D Convertible Preferred Stock (the “Series D Preferred Stock”) and the Company received proceeds of $500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997324000411/0001079973-24-000411-index.htm
- Material Agreements
  DUOS TECHNOLOGIES GROUP, INC. entered into Series E Purchase Agreement with certain accredited investors valued at proceeds of $2,125,002 (effective 2024-03-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Value: proceeds of $2,125,002
  - Effective: 2024-03-22
  source text: Pursuant to the other agreement (the "Series E Purchase Agreement" and, collectively with the Series D Purchase Agreement, the “Purchase Agreements”), the Company issued an aggregate of 2,125 shares of Series E Convertible Preferred Stock (the “Series E Preferred Stock”) and the Company received proceeds of $2,125,002.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000107997324000411/0001079973-24-000411-index.htm

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