Certain Stock Options of Duos Technologies Group, Inc. are subject to a Lock-Up Agreement Ending on 5-MAY-2022.
May 04, 2022
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Certain Stock Options of Duos Technologies Group, Inc. are subject to a Lock-Up Agreement Ending on 5-MAY-2022. These Stock Options will be under lockup for 91 days starting from 3-FEB-2022 to 5-MAY-2022.
Details:
The company and each of directors and executive officers and certain of it's stockholders are subject to lock-up agreements that prohibit the company and them from offering, selling, contracting to sell, granting any option or contract to purchase, purchasing any option or contract to sell, granting any option, right or warrant to purchase, lending or otherwise transferring or disposing of any shares of it's common stock or any securities convertible into or exercisable or exchangeable for shares of it's common stock or other capital stock for a period of 90 days following the date of this prospectus supplement without the prior written consent of Northland.
Duos Technologies Group, Inc., through its wholly owned subsidiary, Duos Technologies, Inc., designs, develops, deploys, and operates intelligent vision-based technology solutions using machine vision and artificial intelligence (AI) to analyze fast moving freight, passenger and transit trains and trucks streamlining operations, improving safety, and reducing costs. The Company provides solutions that automate the mechanical and security inspection of fast-moving trains, trucks, and automobiles through a broad range of hardware, software, information technology and AI. Its Railcar Inspection Portal (RIP) provides both freight and transit railroad customers and select government agencies the ability to conduct fully remote railcar inspections of trains while they are moving at full speed. It has also developed the automated logistics information system (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities.
DUOS TECHNOLOGIES GROUP, INC. 
