Duos Technologies Group, Inc. announced that it has entered into two Securities Purchase Agreements with certain accredited investors pursuant to one agreement, the Company issued an aggregate of 500 shares of Series D Convertible Preferred Stock at a price of $1,000 per share for the gross proceeds of $500,000 and pursuant to the other agreement, the Company issued an aggregate of 2,125 shares of Series E Convertible Preferred Stock at a price of $1,000 per share for the gross proceeds of $2,125,002 for the aggregate gross proceeds of $2,625,002 on March 22, 2024. The Series D Purchase Agreement and the Series E Purchase Agreement each contains customary representations, warranties, agreements, and indemnification rights and obligations of the parties. The company has raised $2,995,000 from 10 investors pursuant regulation D.