DUOS TECHNOLOGIES GROUP, INC. — Director's Dealing 2023

Aug 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DUOS TECHNOLOGIES GROUP, INC. (DUOT)
CIK: 0001396536
Period of Report: 2023-08-01

Reporting Person: Bleichroeder LP (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-01	Series F Convertible Preferred Stock	$6.2	P	5000	Acquired		Common Stock (806452)	Indirect

Footnotes

F1: On August 1, 2023, 21 April Fund, Ltd., 21 April Fund, LP and DUOS Technologies Group, Inc. (the "Issuer") entered into an agreement (the "Securities Purchase Agreement") under which 21
April Fund, Ltd. and 21 April Fund, LP purchased from the Issuer 5,000 shares of Series F Convertible Preferred Stock at a per share price of $1,000. Each share of Series F Convertible
Preferred Stock is convertible into shares of Common Stock at a conversion price of $6.20. In accordance with the Certificate of Designation, conversion of these shares is subject to a Beneficial
Ownership Limitation (as defined in the agreement) of 19.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock
issuable upon conversion.

F2: This form is filed by Bleichroeder LP. Bleichroeder LP serves as registered investment adviser to 21 April Fund, Ltd., 21 April Fund, LP and other managed accounts. Bleichroeder LP disclaims
beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the
securities for purposes of Section 16 or for any other purposes.