{"url_path":"/sec/duot/8-k/2026-07-20/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry Into a Material Definitive Agreement**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1396536/0001079973-26-000961-index.html","accession_number":"0001079973-26-000961","cik":"0001396536","ticker":"DUOT","issuer_name":"DUOS TECHNOLOGIES GROUP, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1396536/0001079973-26-000961-index.html","primary_entity_key":"0001396536","primary_entity_name":"DUOS TECHNOLOGIES GROUP, INC."},"word_count":244,"has_tables":true,"body_markdown":"**Item 1.01 Entry Into a Material Definitive Agreement**\n\n** **\n\n****\n\nOn July 14, 2026, Duos Technologies\nGroup, Inc. (the “Company”) purchased a building and related land (collectively, the “Property”) in Columbus,\nGeorgia for use as a data center.  The purchase price of the Property was $15 million in cash and the issuance of a Seller Contingent\nEarnout Note (the “Note”).  The Note has a three-year term and provides that the Company will make payments to the seller\nsolely upon the achievement  of certain specified milestones.  For each additional 5 MW of power delivered by or on behalf of\nthe seller above the amount available to the Property at closing, the Company will pay the seller $5 million.  There are three milestones\nin the Note, so that it allows for a maximum payout of $15 million.  If any milestone is not achieved  by the end of the three-year\nterm, no payment will be made with regard to that milestone.  At the seller’s option, at any time on or after December 14,\n2026, a milestone payment may be made in restricted shares of the Company’s common stock, par value $0.001 per share, at a fixed\nprice through the term of $10.50 per share.\n\n \n\nThe foregoing description\nof the Note is not complete and is qualified in its entirety by reference to the form of the Note, a copy of which is filed as Exhibit\n10.1 to this Current Report on Form 8-K and is incorporated herein by reference."}