0001325447-17-000047.txt : 20171201
0001325447-17-000047.hdr.sgml : 20171201
20171201135245
ACCESSION NUMBER: 0001325447-17-000047
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20171201
DATE AS OF CHANGE: 20171201
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: DUOS TECHNOLOGIES GROUP, INC.
CENTRAL INDEX KEY: 0001396536
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 650493217
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-89751
FILM NUMBER: 171233662
BUSINESS ADDRESS:
STREET 1: 6622 SOUTHPOINT DRIVE S
STREET 2: SUITE 310
CITY: JACKSONVILLE
STATE: FL
ZIP: 32216
BUSINESS PHONE: 904-296-2807
MAIL ADDRESS:
STREET 1: 6622 SOUTHPOINT DRIVE S
STREET 2: SUITE 310
CITY: JACKSONVILLE
STATE: FL
ZIP: 32216
FORMER COMPANY:
FORMER CONFORMED NAME: DUOS TECHNOLOGY GROUP, INC.
DATE OF NAME CHANGE: 20150710
FORMER COMPANY:
FORMER CONFORMED NAME: INFORMATION SYSTEMS ASSOCIATES, INC.
DATE OF NAME CHANGE: 20070416
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: First Eagle Investment Management, LLC
CENTRAL INDEX KEY: 0001325447
IRS NUMBER: 571156902
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10105
BUSINESS PHONE: 212-698-3300
MAIL ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10105
FORMER COMPANY:
FORMER CONFORMED NAME: Arnhold & S. Bleichroeder Advisers, LLC
DATE OF NAME CHANGE: 20050429
SC 13G
1
DuosTech12011713g.txt
UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
(RULE 13d-102)
Under the Securities Exchange Act of 1934
(Amendment No. )*
Information to be included in statements filed
pursuant to Rule 13d-1 (b) (c) and (d) and Amendments thereto
filed pursuant to Rule 13d-2 (b).
Duos Technologies Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
266042209
(CUSIP Number)
November 21, 2017
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant
to which this Schedule is filed:
[X] Rule 13d-1 (b)
[X] Rule 13d-1 (c)
[ ] Rule 13d-1 (d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
SCHEDULE 13G
Issuer: Duos Technologies Group, Inc. CUSIP No.: 266042209
1 NAMES OF REPORTING PERSONS I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS
First Eagle Investment Management, LLC
Tax ID # 57-1156902
2 CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
NUMBER OF SHARES 5 SOLE VOTING POWER - 2,930,930
BENEFICIALLY 6 SHARED VOTING POWER - 0
OWNED BY EACH 7 SOLE DISPOSITIVE POWER - 2,930,930
REPORTING PERSON 8 SHARED DISPOSITIVE POWER - 0
WITH:
9 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,930,930
10 CHECK IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES
N/A
11 PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9:
13.86%
12 TYPE OF REPORTING PERSON
IA
SCHEDULE 13G
Issuer: Duos Technologies Group, Inc. CUSIP No.: 266042209
ITEM 1
(a) Name of Issuer:
Duos Technologies Group, Inc.
(b) Address of Issuer's Principal Executive Offices:
6622 Southpoint Drive S
Suite 310
Jacksonville, FL 32216
ITEM 2
(a) Name of Person Filing: First Eagle Investment Management, LLC
(b) Address of Principal Business Office:
1345 Avenue of the Americas
New York, NY 10105
(c) Citizenship: Delaware, USA (Place of Incorporation)
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 266042209
SCHEDULE 13G
Issuer: Duos Technologies Group, Inc. CUSIP No.: 266042209
ITEM 3
If this statement is filed pursuant to Sections 240.
13d-1(b), or 240.13d-2(b) or (c), check whether
the person filing is a:
(a) [ ] Broker or dealer registered under
Section 15 of the Act (15 U.S.C. 78o);
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act (15 U.S.C. 78C);
(d) [ ] Investment company registered under Section
8 of the Investment Company Act if 1940
(15 U.S.C. 80a-8);
(e) [X] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the
definition of an insurance company under Section 3 (c)(14) of
the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with section 240.13d-1 (b)(1)(ii)(J).
SCHEDULE 13G
Issuer: Duos Technologies Group, Inc. CUSIP No.: 266042209
ITEM 4. Ownership.
ITEM 5. Ownership of Five Percent or Less of a Class.
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
First Eagle Investment Management, LLC (FEIM), an investment
adviser registered under Section 203 of the Investment Advisers Act
of 1940, is deemed to be the beneficial owner of 2,930,930 shares,
or 13.86% of the Common Stock believed to be outstanding, as a result
of acting as investment advisor to various clients. Clients of FEIM
have the right to receive and the ultimate power to direct the receipt
of dividends from, or the proceeds of the sale of, such securities.
21 April Fund, Ltd. ("21 April"), a Cayman Islands company for which
FEIM acts as investment adviser, may be deemed to beneficially own
shares and warrants of Duos Technologies. In accordance with Section 2(e)
of the Warrant Agreement, exercise of the warrants is subject to
a Beneficial Ownership Limitation (as defined in the agreement) of 9.99%
of the number of shares of Common Stock outstanding immediately after
giving effect to the issuance of shares of Common Stock issuable upon
exercise. 21 April holds additional warrants above the 9.99% limit
which would make 21 April's total beneficial ownership 3,184,140 shares
and 14.31% if there was no 9.99% limit.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THESECURITY BEING REPORTED ON BY THE
PARENT HOLDING COMPANY OR CONTROL PERSON.
N/A
ITEM 8. Identification and Classification of Members of the Group.
N/A
ITEM 9. Notice of Dissolution of Group
N/A
SCHEDULE 13G
Issuer: Duos Technologies Group, Inc. CUSIP No.: 266042209
ITEM 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and held in the
ordinary course of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of such securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose
of effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Date: December 1, 2017
Signature: /s/ Michael M. Kellen
Name/Title: Michael M. Kellen, Director