Key facts
- This page summarizes Bleichroeder LP's Form 4 filing for DUOS TECHNOLOGIES GROUP, INC. (DUOT).
- 9 reported transactions and 8 derivative rows are listed below.
- Accepted by SEC: 23 Sep 2024, 18:15.
Bleichroeder LP - 19 Sep 2024 Form 4 Insider Report for DUOS TECHNOLOGIES GROUP, INC. (DUOT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- DUOT
- Reported as of
- 19 Sep 2024
- Net transaction value
- +$899,521
- SEC form
- 4
- Accepted by SEC
- 23 Sep 2024, 18:15:33 UTC
- Prior SEC filing
- 24 Jul 2024
- Next SEC filing
- 19 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- Michael M. Kellen, Chairman and Co-CEO of Bleichroeder, LP
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Bleichroeder LP filed Form 4 for DUOS TECHNOLOGIES GROUP, INC. (DUOT) on 23 Sep 2024.
Change
- Previous filing in this sequence was filed on 24 Jul 2024.
- Current net transaction value: +$899,521.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DUOT
transaction
Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $899,521
- Shares
- +344,644
- Change %
- +27%
- Price
- $2.61
- Shares after
- 1,627,806
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DUOT
transaction
Derivative
Warrants to Purchase Common Stock
Other
- Transaction value
- Shares
- -300,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 300,000
- Exercise price
- $3.00
- Footnotes
- F1, F3
DUOT
transaction
Derivative
Warrants to Purchase Common Stock
Other
- Transaction value
- Shares
- -44,644
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 44,644
- Exercise price
- $0.5500
- Footnotes
- F1, F3
DUOT
transaction
Derivative
Warrants to Purchase Common Stock
Other
- Transaction value
- Shares
- +300,000
- Change %
- Price
- Shares after
- 300,000
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 300,000
- Exercise price
- $2.61
- Footnotes
- F1, F3
DUOT
transaction
Derivative
Warrants to Purchase Common Stock
Other
- Transaction value
- Shares
- +44,644
- Change %
- Price
- Shares after
- 44,644
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 44,644
- Exercise price
- $2.61
- Footnotes
- F1, F3
DUOT
transaction
Derivative
Warrants to Purchase Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -300,000
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 300,000
- Exercise price
- $2.61
- Footnotes
- F1, F3
DUOT
transaction
Derivative
Warrants to Purchase Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -44,644
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 44,644
- Exercise price
- $2.61
- Footnotes
- F1, F3
DUOT
transaction
Derivative
Series E Convertible Preferred Stock
Other
- Transaction value
- $12,500,000
- Shares
- -12,500
- Change %
- -100%
- Price
- $1000.00
- Shares after
- 0
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 4,166,667
- Exercise price
- $3.00
- Footnotes
- F2, F3
DUOT
transaction
Derivative
Series E Convertible Preferred Stock
Other
- Transaction value
- $12,500,000
- Shares
- +12,500
- Change %
- Price
- $1000.00
- Shares after
- 12,500
- Date
- 19 Sep 2024
- Ownership
- See footnote
- Underlying class
- Common Stock
- Underlying amount
- 4,789,272
- Exercise price
- $2.61
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On September 19, 2024, DUOS Technologies Group, Inc. (the "Issuer") and Bleichroeder LP, investment advisor to 21 April Fund, Ltd. and 21 April Fund, LP, agreed to amend (x) those certain 300,000 warrants ("2024 Warrants") to acquire Common Stock at an exercise price of $3.00 per share and (y) those certain 44,644 warrants (the "2019 Warrants") to acquire Common Stock at an exercise price of $0.55 per share (such number of shares and exercise price reflecting adjustments resulting from a 1-for-14 reverse stock split), in each case, to (i) remove a Beneficial Ownership Limitation (as defined therein) of 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of Common Stock upon exercise of the applicable warrants and (ii) amend the exercise price to $2.61 per share. On September 19, 2024, following the amendments of the 2024 Warrants and the 2019 Warrants, the Holders exercised the 2024 Warrants and the 2019 Warrants.
Footnote F2
On September 19, 2024, the Issuer agreed to reduce the conversion price for the Series E Convertible Preferred Stock from $3.00 to $2.61. Conversion of these shares is subject to a Beneficial Ownership Limitation of 19.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon conversion.
Footnote F3
This form is filed by Bleichroeder LP. The securities reported herein are directly held by 21 April Fund, Ltd. and 21 April Fund, LP. Bleichroeder LP serves as registered investment adviser to 21 April Fund, Ltd., 21 April Fund, LP and other managed accounts. Bleichroeder LP disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that Bleichroeder LP is the beneficial owner of the securities for purposes of Section 16 or for any other purposes.