https://www.sec.gov/ix?doc=/Archives/edgar/data/0001396536/000107997326000961/duot_8k.htm

On July 14, 2026, Duos Technologies Group, Inc. (the "Company") purchased a building and related land (collectively, the "Property") in Columbus, Georgia for use as a data center.  The purchase price of the Property was $15 million in cash and the issuance of a Seller Contingent Earnout Note (the "Note").  The Note has a three-year term and provides that the Company will make payments to the seller solely upon the achievement  of certain specified milestones.  For each additional 5 MW of power delivered by or on behalf of the seller above the amount available to the Property at closing, the Company will pay the seller $5 million.  There are three milestones in 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 term, no payment will be made with regard to that milestone.  At the seller’s option, at any time on or after December 14, 2026, a milestone payment may be made in restricted shares of the Company’s common stock, par value $0.001 per share, at a fixed price through the term of $10.50 per share.

The foregoing description of 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 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.