InvestorWire NewsRoom


InvestorNewsBreaks – Applied UV Inc. (NASDAQ: AUVI) Closes on $2.76M Registered Direct, Private Placement
April 1, 2024

InvestorNewsBreaks – Applied UV Inc. (NASDAQ: AUVI) Closes on $2.76M Registered Direct, Private Placement

Applied UV (NASDAQ: AUVI), a leader in smart building technology solutions, has closed on a registered direct offering as well as a concurrent private placement with institutional investors. According to the announcement, Applied UV issued shares of common stock and prefunded warrants in a registered direct offering. In addition, the company also issued common warrants to the same investors in a concurrent private placement. It is estimated that gross proceeds from both transactions, which closed today, will total approximately $2.76 million. The company noted that the transactions consisted of the public sale of 1,726,875 shares of common stock (or prefunded warrants in lieu thereof) as well as the private placement of common warrants to purchase up to 518,065 shares of common stock. “The prefunded warrants will be immediately exercisable and may be exercised at any time until exercised in full,” according to the announcement. “The common warrants are exercisable immediately subject to registration and expire five years after the initial issuance date. The company expects to use the net proceeds from the offering to help fund recent large orders within the Smart Building Technologies division from customers including Siemens, Sherwin Williams and Arco Murray and other general corporate purposes.”

To view the full press release, visit

About Applied UV Inc.

Applied UV is dedicated to developing and acquiring smart building technologies for healthcare, hospitality, commercial and municipal markets. With SteriLumen, MunnWorks, LED Supply Co. and PURO, the company has a diverse portfolio that addresses various needs in the market. Applied UV is committed to innovation and excellence in providing solutions for a healthier and smarter world. For more information about Applied UV, please visit

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published:

Los Angeles, CA
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(862) 930-1404

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).