AUVI - Mergers and acquisitions

NEW YORK, NY / ACCESSWIRE / April 1, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $2.76 Million Registered Direct and Private Placement Priced at the Market for Applied UV, Inc. (NASDAQ:AUVI).About Applied UV, Inc.Applied UV, Inc., through its subsidiaries, develops, acquires, markets, and sells proprietary surface and air disinfection technology products in the United States, Canada, and Europe. The company focuses on indoor air quality (IAQ) products, specialty LED lighting products, luxury mirrors, and commercial furnishings. It serves healthcare, commercial and public venue, hospitality, food preservation, cannabis, education, and winery markets. The company was inc

This first-of-its-kind far-UVC research collaboration will evaluate the efficacy of far-UVC pathogen deactivation while identifying and assessing any negative impact on surrounding airThe research will be initiated by leading U.S.-based universities and certified laboratories over the next 3-6 months; results will be provided as they become availableMILWAUKEE and MOUNT VERNON, N.Y. and CYPRESS, Calif., Feb. 13, 2023 /PRNewswire/ -- Johnson Controls (NYSE:JCI), the global leader for smart, healthy, and sustainable buildings, PURO Lighting, LLC ("PURO"), a subsidiary of Applied UV, Inc. (Nasdaq CM: AUVI), a proven innovative UV technology solutions leader and Ushio America, Inc. ("Ushio") have

Applied UV, Inc. (Nasdaq CM: AUVI) ("Applied UV" or the "Company"), a global technology leader that applies the power of narrow-range ultraviolet light ("UVC") and catalytic bioconversion technology for air purification, today announced that it has engaged the services of Herrick, Feinstein LLP to investigate potential illegal short selling of the Company's stock. Applied UV has reason to believe that market participants may have engaged in illegal short selling practices, which could adversely impact the market integrity of the Company's stock. "We are concerned that there may have been certain illegal activities with respect to the trading of our securities, which we cannot tolerate," sa

Merger is expected to generate combined annualized sales of approximately $45 - $50 million in 2023, strengthening the Company as a global leader in patented UV disinfection solutions Applied UV, Inc. (Nasdaq CM: AUVI) ("Applied UV" or the "Company"), a global leader that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically announces, that it has completed its previously announced mergers with Puro Lighting, LLC ("PURO") and LED Supply Co. ("LED Supply"). The PURO merger further positions the Company to address a growing air disinfection market tr

Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, today announced its Board of Directors has authorized the cash dividend to holders of Applied UV's 10.5% Series A Cumulative Perpetual Preferred Stock. Holders of the 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ:AUVIP) shall receive a cash dividend equal to $0.21875 per share. The return of capital will be paid on or about February 15, 2023, to respective holders of r

Fresh Taste Produce Selects Applied UV Inc.'s Patented Photocatalytic Oxidation Technology for Its New State-Of-The Art Growing Facility Applied UV, Inc. (Nasdaq CM: AUVI) ("Applied UV" or the "Company"), a proven innovative UV technology solutions leader, has secured an order for more than $400,000 for its Airocide® by Sterilumen air purification systems from Fresh Taste Produce Ltd. A critical technology to extending the life of perishable and agriculture products is the removal of ethylene. The Airocide air purifier uses AUVI's patented Photocatalytic Oxidation technology to thoroughly destroy not only ethylene, but also viruses, bacteria, spores and fungi, as well as other carbon-base

Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a pathogen elimination technology company that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, today announced its Board of Directors has authorized the cash dividend to holders of Applied UV's 10.5% Series A Cumulative Perpetual Preferred Stock. Holders of the 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ:AUVIP) shall receive a cash dividend equal to $0.21875 per share. The return of capital will be paid on or about January 16, 2023, to respective holders of re

The Acquisition of PURO Lighting, LLC and LED Supply Co. Would Expand AUVI's Capabilities to Sell Its FDA Cleared Disinfection Products and Solutions and Also Would Provide Access To PURO's Strategic Relationships Applied UV, Inc. (NASDAQ:AUVI) ("Applied UV" or the "Company"), a proven disinfection technology solutions leader, announces two acquisition agreements that would effectively double the size of the company, positioning it for significant future revenue growth. The strategic acquisitions of privately-held PURO Lighting, LLC ("PURO") and LED Supply Co. ("LED Supply") would enable Applied UV to expand distribution and sales capabilities of a broad range of highly complementary, pro

The Agreement Will Ensure Logistical Cost Savings and Accelerated Development of Applied UV's Next Generation Products Applied UV, Inc. (Nasdaq CM: AUVI) ("Applied UV" or the "Company"), a pathogen elimination technology company, announced that it has signed a strategic manufacturing and related services agreement with Canon Virginia, Inc., ("CVI") a global manufacturing, engineering and technical operation for the Canon family and a wholly owned subsidiary of Canon U.S.A, Inc. The agreement establishes CVI's status as the primary manufacturer, assembler and logistical authority for Applied UV's suite of air purification solutions. The Manufacturing Agreement, the first of a series of anti

$4.5 Million Furnishings Order to be Made in Applied UV's Brooklyn Factory Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a pathogen elimination technology company, announces today that its wholly owned subsidiary MunnWorks, a custom manufacturer of luxury mirrors and furniture for the hospitality market, has signed a deal to provide furnishings to three major U.S. hotels and condos. The $4.5 million agreement includes a purchase order from McCloskey Purchasing Group to provide tables, bed frames, upholstered furniture, dressers and back-lit mirrors. The order will be manufactured in MunnWorks 100,000 square foot Brooklyn, NY manufacturing facility, which MunnWorks acq

100% Debt Financing with No Equity Component Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a pathogen elimination technology company, announces today a $5 million secured revolving credit facility effective December 8, 2022. Borrowings under the revolving credit facility will be used for general corporate purposes and to advance Applied UV's organic and strategic growth initiatives. The facility currently has no outstanding balance. Max Munn, Applied UV, Inc.'s President and Founder, said, "This facility further bolsters our near-term liquidity position and provides us with additional flexibility to execute our growth strategy including the timely delivery of products

Applied UV, Inc. (NasdaqCM:AUVI) ("Applied UV" or the "Company"), a pathogen elimination tech company that applies patented ultraviolet light ("UVC") and catalytic bioconversion technology to completely destroy airborne infections and pollutants, launches Airoclean™ 420 40% Off Winter Sale to help the $33 billion North American cannabis market prosper. The Company owns Airoclean™ 420 by Sterilumen, the leading air purification system for destroying airborne powdery mildew and other fungal diseases that ruin cannabis plants and businesses. For a limited time until January 31, 2023, customers can get a 40% DISCOUNT on all Airoclean models: Airoclean 420 MAX, Airoclean 420 XL for large comme