DUOT Duos Technologies Group, Inc. - 8-K

Item 8.01 Other
Events.

As previously disclosed, Duos Technologies Group, Inc. (the “Company”),
owns a 5% non-voting ownership interest in Sawgrass APR Holdings, LLC, the ultimate parent company of New APR Energy, LLC (“New
APR”). As of May 26, 2026, substantially all of the assets of New APR were sold to a third party. As a result of the sale, in connection
with its ownership interest the Company received net proceeds of approximately $50.4 million. An additional amount of approximately $9.9
million was retained in escrow in connection with the Company’s pro rata portion of any indemnity and other similar obligations
that may be owed to the purchaser under the asset purchase agreement. Any such funds remaining in escrow after 12 months will be distributed
to the Company.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit
No.

Description of Exhibit

104

Cover Page Interactive Data File
(formatted as Inline XBRL and contained in Exhibit 101)