Shay Capital LLC Acquires 5.0% Stake in Duos Technologies Group, Inc.

On May 18, 2026, Shay Capital LLC and Shay Capital Holdings LLC filed a Schedule 13G with the SEC, reporting a new 5.0% ownership stake in Duos Technologies Group, Inc. (DUOT). The filing indicates that the reporting persons collectively acquired 1,474,116 shares of common stock as of the event date on May 8, 2026. Shay Capital LLC, a Delaware limited liability company, and its manager, Shay Capital Holdings LLC, share beneficial ownership of these securities. Both entities reported sole voting and dispositive power over the full amount of shares. The filing was made under Rule 13d-1(c), certifying that the shares were not acquired for the purpose of changing or influencing the control of the issuer. The principal business office for both reporting entities is located in New York, NY. This filing marks a significant increase from their previous position of 0.0%, establishing them as major shareholders in the technology group.