Duos Technologies issues 344,644 shares at $2.61 upon warrant exercise; Series E conversion price lowered to $2.61

DUOS TECHNOLOGIES GROUP, INC.

Issued 344,644 shares to 21 April Entities upon exercise of warrants at reduced price of $2.61/share, raising $899,520.84.
Exercise price reduced from prior? Not stated, but blocker removed; cash proceeds of ~$900K.
Series E Preferred conversion price reduced from $3.00 to $2.61 with consent of 66.6% of holders.
Articles of Amendment filed with Florida to effect the Series E conversion price change.
Shares issued in reliance on Section 4(a)(2) and Rule 506 as a private placement.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.