UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 22, 2021
Duos Technologies Group, Inc.
(Exact name of registrant as specified in its charter)
Florida | 001-39227 | 65-0493217 |
(State or Other Jurisdiction | (Commission | (I.R.S. Employer |
of Incorporation) | File Number) | Identification No.) |
6622 Southpoint Drive S., Suite 310
Jacksonville, Florida 32216
(Address of Principal Executive Offices) (Zip Code)
(904) 652-1601
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
Common Stock (par value $0.001 per share) |
| DUOT |
| The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01
Other Events
On March 22, 2021, Duos Technologies Group, Inc. (“Duos”) received a “Notice of Award” from the National Railroad Passenger Corporation (“Amtrak”) that it has been selected to provide Amtrak with a Train Scanner Vision System and a Train Scanner Thermal System. The project work is expected to begin effective April 1, 2021. A contract is being prepared and will be forwarded to Duos within 45 to 60 business days predicated on business background checks and reviews. Amtrak, at its sole discretion, may rescind this Notice of Award in writing with 10 days prior written notice to Duos. Performance and Payment Surety Bonds are a requirement for this project work and have been secured at this time.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| DUOS TECHNOLOGIES GROUP, INC. | |
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Dated: March 25, 2021 | By: | /s/ Adrian Goldfarb |
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| Adrian Goldfarb Chief Financial Officer |
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