---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-23-000210"
form_type: "8-K"
ticker: "DUOT"
cik: "0001396536"
company_name: "DUOS TECHNOLOGIES GROUP, INC."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:11:45.842603+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Duos Technologies raises $4M via Series E Convertible Preferred Stock at $1,000/share, conversion price $3.00

## Summary
- Issued 4,000 shares of Series E Convertible Preferred Stock to existing investors for $4M aggregate proceeds.
- Each share has stated value $1,000, convertible into common stock at $3.00 per share, subject to adjustment.
- Conversion limited to 19.99% beneficial ownership; purchasers elected 19.99% limitation.
- Company must hold shareholder meeting within 120 days to approve issuance of shares exceeding 19.99% of outstanding.
- Series E Preferred Stock carries 333 votes per share, no separate dividend, participates in common dividends on as-converted basis.

## SEC filing metadata
- accession: 0001553350-23-000210
- form_type: 8-K
- ticker: DUOT
- cik: 0001396536
- company_name: DUOS TECHNOLOGIES GROUP, INC.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000210/0001553350-23-000210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000210/duot_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-23-000210
- JSON: https://secwatch.observer/filing/0001553350-23-000210.json
- Plain text: https://secwatch.observer/filing/0001553350-23-000210.txt

## Key facts
- Material Agreements
  DUOS TECHNOLOGIES GROUP, INC. entered into Registration Rights Agreement with the Purchasers valued at Company shall file with SEC a registration statement covering resale of common stock issuable upon c (effective 2023-03-27).
  - Action: entry
  - Counterparty: the Purchasers
  - Value: Company shall file with SEC a registration statement covering resale of common stock issuable upon c
  - Effective: 2023-03-27
  source text: In connection with the Purchase Agreement, the Company also entered into a Registration Rights Agreement with the Purchasers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396536/000155335023000210/0001553350-23-000210-index.htm

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