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DUOS TECHNOLOGIES GROUP, INC. (DUOT) Form 8-K — Aug 11, 2026

$DUOTForm 8-KItems 1.01, 2.01, 7.01, 9.01Filed Aug 11, 2026, 4:30 PM ET0001079973-26-001029Original filing

Duos Technologies Group completed the divestiture of Duos Technologies, Inc. (DTI), its legacy rail technology business, selling all DTI shares to Sandbank Acosta, LLC on August 5, 2026, marking the Company's complete exit from the rail technology industry. Deal terms were light on cash consideration: Duos funded $3.5 million into DTI before closing, paid the buyer $1.00 for the shares, and receives a $5,435,403 promissory note bearing 5% simple interest and maturing August 5, 2031, subject to setoff for certain Amtrak-related portal installation costs.

Key figures

Note Principal
$5,435,403
Note Interest Rate
5% per annum simple interest
Note Maturity Date
August 5, 2031
Target Cash Funding
$3,500,000
Indemnification Basket
$100,000
Share Consideration Paid
$1.00
Transition Services Period
through December 31, 2026
Indemnification Claim Period
18 months following closing
Transition Services Handling Fee
5%

Price after filing

1 day: +6.3%7 days: +3.9%30 days: +0.3%

Close on the filing date to close N calendar days later (from $8.77). Historical, not a forecast.

AI analysis

Red flags4 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.