Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

DUOS TECHNOLOGIES GROUP, INC.

(DUOT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

DUOS TECHNOLOGIES GROUP, INC. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits (form 8-K)

11/30/2021 | 04:32pm EST
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
           Standard; Transfer of Listing.



On November 23, 2021, Duos Technologies Group, Inc. (the "Company") received from The Nasdaq Stock Market LLC ("Nasdaq") a letter indicating that it is not in compliance with Nasdaq Marketplace Rule 5550(b)(1), which requires companies listed on the Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders' equity for continued listing. On its quarterly report for the period ended September 30, 2021, the Company reported stockholders' equity of $865,221, and, as a result, does not currently satisfy Nasdaq Marketplace Rule 5550(b)(1).

Nasdaq's letter has no immediate impact on the listing of the Company's common stock, which will continue to be listed and traded on Nasdaq, subject to the Company's compliance with the other continued listing requirements. Nasdaq's letter provides the Company 45 calendar days, or until January 7, 2022, to submit a plan to regain compliance. If the plan is accepted, the Company can be granted up to 180 calendar days from November 23, 2021 to evidence compliance. There can be no guarantee that the Company will be able to regain compliance with the continued listing requirement of Nasdaq Marketplace Rule 5550(b)(1) or that its plan will be accepted by Nasdaq.

The Company intends to take all reasonable measures available to regain compliance under the Nasdaq Listing Rules and remain listed on the Nasdaq. The Company is currently evaluating its available options to resolve the deficiency and regain compliance with the Nasdaq minimum stockholders' equity requirement. The Company intends to submit the compliance plan as soon as practicable.

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)

© Edgar Online, source Glimpses

All news about DUOS TECHNOLOGIES GROUP, INC.
2021Duos Technologies Subsidiary Receives Additional Order for Railcar Inspection Portal Fr..
MT
2021DUOS TECHNOLOGIES : Secures Additional Contract for a Railcar Inspection Portal with CSX C..
PU
2021DUOS TECHNOLOGIES : to Present at the Wells Fargo Virtual Tech in Transportation Forum on ..
PU
2021DUOS TECHNOLOGIES GROUP, INC. : Notice of Delisting or Failure to Satisfy a Continued List..
AQ
2021DUOS TECHNOLOGIES : Reports Third Quarter and Nine Month 2021 Results - Form 8-K
PU
2021DUOS TECHNOLOGIES GROUP, INC. : Results of Operations and Financial Condition, Regulation ..
AQ
2021Duos Technologies Group, Inc. Provides Earnings Guidance for the Fiscal Year Ending Dec..
CI
2021DUOS TECHNOLOGIES GROUP, INC. Management's Discussion and Analysis of Financial Condit..
AQ
2021Duos Technologies Group, Inc. Reports Earnings Results for the Third Quarter and Nine M..
CI
2021DUOS TECHNOLOGIES : Reports Third Quarter and Nine Month 2021 Results
PU
More news
Financials (USD)
Sales 2020 8,04 M - -
Net income 2020 -6,75 M - -
Net cash 2020 2,12 M - -
P/E ratio 2020 -2,09x
Yield 2020 -
Capitalization 18,6 M 18,6 M -
EV / Sales 2019 1,08x
EV / Sales 2020 1,60x
Nbr of Employees 61
Free-Float 72,4%
Chart DUOS TECHNOLOGIES GROUP, INC.
Duration : Period :
Duos Technologies Group, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Charles P. Ferry Chief Executive Officer & Director
Adrian Graham Goldfarb Chief Financial Officer & Executive Vice President
Kenneth S. Ehrman Chairman
Ned Mavrommatis Independent Director
Edmond L. Harris Independent Director
Sector and Competitors
1st jan.Capi. (M$)
DUOS TECHNOLOGIES GROUP, INC.0.39%19
MICROSOFT CORPORATION-10.32%2 222 587
SEA LIMITED-30.98%86 769
ATLASSIAN CORPORATION PLC-25.78%71 529
DASSAULT SYSTÈMES SE-13.84%67 255
SYNOPSYS INC.-17.69%46 539