Exhibit 107
Calculation of Filing Fee Tables
Form S-3
(Form Type)
Duos Technologies Group, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Share | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial Effective Date | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |||||||||||||||||||||||||||||||||
| Newly Registered Securities | ||||||||||||||||||||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Common Stock, Par Value $0.001 per share | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | — | — | — | — | ||||||||||||||||||||||||||
| Fees to Be Paid | Equity | Preferred Stock, Par Value $0.001 per share | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | — | — | — | — | ||||||||||||||||||||||||||
| Fees to Be Paid | Debt | Debt Securities | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | — | — | — | — | ||||||||||||||||||||||||||
| Fees to Be Paid | Other | Warrants | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | — | — | — | — | ||||||||||||||||||||||||||
| Fees to Be Paid | Other | Rights | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | — | — | — | — | ||||||||||||||||||||||||||
| Fees to Be Paid | Other | Units (2) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | (1 | ) | — | — | — | — | ||||||||||||||||||||||||||
| Fees to Be Paid | Unallocated (Universal) Shelf | Unallocated (Universal) Shelf | Rule 457(o) | (1 | ) | (1 | ) | $ | 50,000,000 | 0.0001102 | $ | 5,510.00 | — | — | — | — | ||||||||||||||||||||||||||||
| Fees Previously Paid | - | - | — | — | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||
| Carry Forward Securities | ||||||||||||
| Carry Forward Securities | ||||||||||||
| Total Offering Amounts | $ | |||||||||||
| Total Fees Previously Paid | - | |||||||||||
| Total Fee Offsets | - | |||||||||||
Table 2: Fee Offset Claims and Sources
| Registrant or Flier Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Security Type Associated with Fee Offset Claimed | Security Title Associated with Fee Offset Claimed | Unsold Securities Associated with Fee Offset Claimed | Unsold Aggregate Offering Amount Associated with Fee Offset Claimed | Feed Paid with Fee Offset Source | ||
| Rules 457(b) and 0-11(a)(2) | ||||||||||||
| Fee Offset Claims | ||||||||||||
| Fee Offset Sources | ||||||||||||
| Rule 457(p) | ||||||||||||
| Fee Offset Claims | Duos Technologies Group, Inc. | 424(b)(5) | 333-237213 | 02/07/2022 | $5,698.86 (3) | Equity | Common Stock |
- | $43,905,000 | |||
| Fee Offset Sources | Duos Technologies Group, Inc. | S-3 | 333-237213 | 03/16/2020 | $6,490.00 (3) | |||||||
Table 3: Combined Prospectuses
| Security Type | Security Class Title | Amount of Securities Previously Registered | Maximum Aggregate Offering Price of Securities Previously Registered | Form Type | File Number | Initial Effective Date |
(1) Pursuant to Instruction 2.A(iii)(b) of item 16(b) of Form S-3, this information is not required to be included. An indeterminate amount of the securities of each identified class is being registered as may from time to time be offered under this registration statement at indeterminate prices, along with an indeterminate number of securities that may be issued upon exercise, settlement, exchange or conversion of securities offered or sold under this registration statement, as shall have an aggregate initial offering price of up to $50,000,000. Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), the securities being registered include such indeterminate number of additional securities as may become issuable after the date hereof as a result of stock splits, stock dividends, anti-dilution adjustments and similar transactions. The total amount to be registered and the proposed maximum aggregate offering price are estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act.
(2) Units may be issued under a unit agreement and will represent an interest in one or more securities registered under this registration statement including shares of common stock or preferred stock, debt securities, warrants or rights, in any combination, which may or may not be separable from each other.
(3) Duos Technologies Group, Inc. (“Duos”) filed a universal shelf Registration Statement on Form S-3 (Registration No. 333-237213) on March 16, 2020, registering securities with an aggregate offering price of up to $50,000,000 (the “Prior Registration Statement”). In connection with the filing of the Prior Registration Statement, Duos made a contemporaneous fee payment in the amount of $6,490.00. Pursuant to a 424(b)(5) prospectus supplement, dated February 7, 2022, Duos offered shares of common stock with an aggregate offering price of $6,095,000. As of the date of this registration statement, securities having an aggregate offering price of $43,905,000 were not sold under the Prior Registration Statement. Pursuant to Rule 457(p) promulgated under the Securities Act, $5,510.00 of the $5,698.86 registration fee that has already been paid and remains unused with respect to the securities that were previously registered pursuant to the Prior Registration Statement and were not sold thereunder may be applied to the filing fees payable pursuant to this registration statement. Duos has terminated the offering that included the unsold securities under the Prior Registration Statement.