On June 17, 2026, Duos Technologies Group, Inc. (the "Company) announced an underwritten registered direct offering (the "Offering") of 2,000,000 shares of common stock, par value $0.001 per share ("the "Common Stock"), and 3,800,00 Pre-Funded Warrants (the "Pre-Funded Warrants") at a price of $9.50 per share or Pre-Funded Warrant for total gross proceeds of approximately $55 million, before deducting underwriting discounts, commissions and offering expenses. The securities were offered and sold by the Company, pursuant to an effective shelf registration statement on Form S-3, which was initially filed with the Securities and Exchange Commission on February 11, 2026 (File No. 333-293372), and the base prospectus dated February 12, 2026, as supplemented by the prospectus supplement dated June 17, 2026 (the "Prospectus Supplement") pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the "Securities Act"). The Offering is expected to close on June 18, 2026.

TD Cowen acted as lead bookrunner on the transaction. Cantor acted as joint bookrunner on the transaction.