Applied UV, Inc. Announces Pricing Of $2.76M Registered Direct And Private Placement
Portfolio Pulse from Benzinga Newsdesk
Applied UV, Inc. (AUVI) announced a $2.76M financing through a mix of registered direct and private placement offerings. The deal includes the sale of common stock and pre-funded warrants, alongside common warrants in a private placement, with proceeds aimed at funding large orders for its Smart Building Technologies division from notable clients like Siemens, Sherwin Williams, and Arco Murray. Aegis Capital Corp. is the exclusive placement agent, with legal counsel provided by Sichenzia Ross Ference Carmel LLP and Kaufman & Canoles, P.C.
March 27, 2024 | 6:40 pm
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Applied UV, Inc. announces a $2.76M financing deal through common stock and warrant sales to fund large orders and general corporate purposes.
The financing deal is directly related to AUVI and is significant for its short-term liquidity and ability to fund large orders, indicating potential for growth and positive investor sentiment.
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