UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


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FORM 8-K


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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


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Duos Technologies Group, Inc.

(Exact name of registrant as specified in its charter)


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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

(Registrant’s 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.

 

 

  

 

 

 

Dated: March 25, 2021

By:  

/s/ Adrian Goldfarb

 

 

Adrian Goldfarb

Chief Financial Officer