DUOS TECHNOLOGIES GROUP, INC.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
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Sep 30, 2025 · Filed Nov 13, 2025
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Item 5. Other Information
Trading Plans
During the quarter ended September 30, 2025, no director or Section 16 officer adopted orterminated any Rule 10b5-1 trading arrangements or non-Rule 10b5-1 trading arrangements (in each case, as defined in Item 408(a) of Regulation S-K).
At-The-Market Offering
On August 13, 2025, the Company provided notice of the termination, effective immediately, of the At-The-Market Issuance Sales Agreement, dated May 17, 2024, as amended by the First Amendment to At-The-Market Issuance Sales Agreement, dated April 14, 2025, and as further amended by the Second Amendment to At-The-Market Issuance Sales Agreement, dated May 27, 2025, between Ascendiant Capital Markets, LLC (“Ascendiant”) and the Company (the “Sales Agreement”). As previously reported, pursuant to the terms of the Sales Agreement, the Company could sell shares of common stock having an aggregate sales proceeds of up to $18,000,000 through Ascendiant. During the year ended December 31, 2024 and the nine months ended September 30, 2025, the Company sold shares of common stock having aggregate gross proceeds of $3,544,689 and $8,927,347, respectively. July 15, 2025 was the last day of sales under the Sales Agreement. The Company generated total gross proceeds of $12,472,036 under the Sales Agreement. The Company will not make any further sales under the Sales Agreement. The Company is not subject to any termination penalties related to the termination of the Sales Agreement.
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