Applied UV, Inc. 10.5% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share - AUVIP STOCK NEWS

Welcome to our dedicated page for Applied UV 10.5% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share news (Ticker: AUVIP), a resource for investors and traders seeking the latest updates and insights on Applied UV 10.5% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share stock.

Applied UV, Inc. engages in the design, manufacture, assembly, and distribution of automated disinfecting mirror systems for use in hospitals and other healthcare facilities. The company also manufactures and supplies custom designed decorative framed mirrors, framed arts, and bathroom vanities primarily to the hospitality market. With operations in the United States and internationally, Applied UV, Inc. was founded in 2012 and is headquartered in Mount Vernon, New York.

Latest News: DENVER, CO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV Inc. (NASDAQ: AUVI), a leader in smart building technology solutions, announced the introduction of its industry disruptive pulse modulated UVC LED enhancement (US # 63/623,789, Filed January 22, 2024) to its Fighter Flex LED solution at the AHR Expo [ the premier international HVAC technology trade show] which ended on January 24th, 2024. The overwhelming response to our exhibited LED system was extremely positive, and as Max Munn, AUVI CEO, states, “We believe this market likely holds an annual sales opportunity in the hundreds of millions of dollars.” This disruptive application will redefine energy efficiency and maintenance cost reduction in heating, ventilation, and air conditioning (HVAC) systems across multiple industries. The pulse modulation of the electrical current energizing the UVC LEDs will significantly increase the life of the system [reducing replacement cost] and will also significantly reduce the energy utilization [and thereby reducing energy cost] because pulsing the electrical current through the LED emitters effectively reduces the amount of energy utilized. With the above positive response at this trade show, Applied UV Inc. is finalizing distribution agreements with major smart building technology brands. Our Fighter Flex LED technology was selected by the GSA and DOE for the GSA Green Proving Ground Program. Our positive environmental impact will be an important selling feature. The GSA alone manages over 363 million square feet of facility space for the federal gov...

04/01/2024 11:31 AM

News

Applied UV, Inc. Announces Closing of $2.76 Million Registered Direct and Private Placement

Rhea-AI Summary

Applied UV, Inc. (AUVI) successfully closed a registered direct offering and private placement with institutional investors, raising approximately $2.76 million. The offering included common stock, pre-funded warrants, and common warrants. The proceeds will be used for recent large orders within the Smart Building Technologies division from customers like Siemens, Sherwin Williams, and Arco Murray.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.01%

Tags

03/27/2024 02:35 PM

News

Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules

Rhea-AI Summary

Applied UV, Inc. announces agreements with institutional investors for a direct offering, expecting $2.76 million in gross proceeds. The offering includes the sale of Common Stock, Pre-Funded Warrants, and Common Warrants.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.34%

Tags

03/11/2024 07:30 AM

News

Applied UV’s Subsidiary Files Patent Application for New Industry Disruptive Integrated Disinfection System for Healthcare Facilities

Rhea-AI Summary

Applied UV, Inc. announces a new patent application by its SteriLumen subsidiary for a disinfection system optimized for healthcare settings, targeting operating rooms. The system integrates multiple wavelengths for continuous and terminal disinfection, addressing the need for effective and safe disinfection methods in critical areas. The annual market size is estimated to exceed $150M with 4,000 operating rooms renovated annually in the US.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.52%

Tags

02/29/2024 07:00 AM

News

Applied UV’s Subsidiary has Purchased the Continuing Business and a Multi-Year Exclusive Global Licensing Agreement With Element Designs

Rhea-AI Summary

Applied UV's subsidiary, MunnWorks, has acquired Element Designs, a designer and fabricator of custom outdoor systems, in a multi-year exclusive global licensing agreement. The agreement aims to integrate Element Designs' manufacturing into MunnWorks' business, leveraging its resources to increase revenues. Element Designs' founding team will join MunnWorks to collaborate on water features, landscape furnishings, green-walls, and outdoor interactive systems, incorporating Smart Buildings technology. The partnership is expected to enhance the visual appeal and energy efficiency of public spaces, maximizing property value and ROI.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

45.29%

Tags

02/01/2024 07:00 AM

News

Applied UV, Inc. to Develop Smart Building Technologies for Larimar City, a New Luxury Development With Six Hotels and 20,000 High-end Residences - Potential Revenues Could Total $250 Million to $300 Million

Rhea-AI Summary

Applied UV, Inc. (AUVI) plans to develop case goods and smart building technologies for Larimar City & Resort, estimating potential revenues of $250-300 million over 3-6 years. Subsidiaries MunnWorks, SteriLumen & LED in talks to supply UV disinfection, energy-saving smart building control solutions, and custom interiors.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

37.28%

Tags

01/29/2024 07:00 AM

News

Applied UV Inc. Announces Receipt of Provisional Patent for Our Pulse Modulated UVC LED System to be Added to Our Patented Fighter Flex LED Solution Expanding Significant Revenue Opportunity

Rhea-AI Summary

Applied UV Inc. (AUVI) introduces a pulse modulated UVC LED enhancement to its Fighter Flex LED solution at the AHR Expo, receiving an overwhelmingly positive response. The new technology is expected to redefine energy efficiency and maintenance cost reduction in HVAC systems across multiple industries, with a potential annual sales opportunity in the hundreds of millions of dollars. The company is finalizing distribution agreements with major smart building technology brands and has been selected for the GSA Green Proving Ground Program. The patented UVC LED system has been proven to reduce energy consumption by 5-15% and can result in significant energy savings for property owners. Applied UV Inc.'s commitment to innovation and sustainability has been recognized with a major federal agency initiating a full trial of their patent-pending UVC LED design.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.68%

Tags

01/16/2024 07:00 AM

News

Applied UV Inc. Announces Receipt of Significant Orders in Smart Building Technologies Division

Rhea-AI Summary

Applied UV Inc. (NASDAQ: AUVI) announces significant revenue in its Smart Building Technologies division, with $10 million in sales expected from just three nationally recognized accounts in 2024. The company anticipates overall sales to exceed 2023 results and forecasts a pivotal moment in its financial evolution. The CEO expresses enthusiasm for the progress and the launch of the groundbreaking Fighter Flex LED solution at the upcoming annual AHR Expo, set to redefine energy cost reduction in HVAC systems globally.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-11.22%

Tags

01/12/2024 07:00 AM

News

Applied UV Inc. Announces Launch of Patented Fighter Flex LED Solution Opening Significant Revenue Opportunity

Rhea-AI Summary

Applied UV Inc. (NASDAQ: AUVI) announces the launch of its Fighter Flex LED solution at the upcoming AHR Expo on January 22nd. This disruptive technology aims to redefine energy efficiency in HVAC systems and has been selected for the GSA Green Proving Ground Program. The company is also finalizing distribution agreements with major international smart building technology brands.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

18.18%

Tags

12/18/2023 07:00 AM

News

Applied UV Announces Successful Integration of Its PURO UV Disinfection and Airocide Food Preservation Units to Optimize Cost Reduction and Expand Global Growth Opportunities

Rhea-AI Summary

Applied UV, Inc. (AUVI) announces the successful integration of its PURO and Airocide businesses into its Sterilumen subsidiary, expecting to reduce ongoing operating expenses by over $1 million annually beginning in January 2024. The company anticipates its operating units to be cash flow positive in the second quarter of 2024. This integration aims to optimize the portfolio, reduce costs, deliver margin expansion, and drive sustainable shareholder value creation. The combined product offerings are expected to generate greater opportunities for growth in revenue, enhanced technical support, customer retention, and customer life cycle management. The integration also allows the company to gain from the natural synergies between the two businesses, resulting in expanded sales and marketing capabilities, improved operating performance, and significant cost reduction.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-11.52%

Tags

12/13/2023 07:00 AM

News

Applied UV, Inc. and Silver Cross Hospital Illuminate the Future of Healthcare With Innovative Far-UVC 222nm Technology

Rhea-AI Summary

Applied UV, Inc. (Nasdaq: AUVI) collaborates with Silver Cross Hospital to implement Far-UVC Puro Protect 222nm fixtures in the Sterile Processing Department, revolutionizing hygiene and safety protocols in healthcare. The potential market opportunity in this space alone is estimated to be over $90M in the US.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-9.44%

Tags

FAQ

What is the current stock price of Applied UV 10.5% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share (AUVIP)?

The current stock price of Applied UV 10.5% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share (AUVIP) is $0.78 as of May 28, 2024.

What does Applied UV, Inc. specialize in?

Applied UV, Inc. specializes in the design, manufacture, assembly, and distribution of automated disinfecting mirror systems for use in hospitals and other healthcare facilities.

Where is Applied UV, Inc. headquartered?

Applied UV, Inc. is headquartered in Mount Vernon, New York, with operations in the United States and internationally.

What recent achievement did Applied UV, Inc. announce?

Applied UV Inc. introduced its industry disruptive pulse modulated UVC LED enhancement, which is set to redefine energy efficiency and maintenance cost reduction in HVAC systems.

What is the significance of the Fighter Flex LED technology from Applied UV, Inc.?

The Fighter Flex LED technology by Applied UV Inc. was selected by the GSA and DOE for the GSA Green Proving Ground Program, showcasing its positive environmental impact and energy efficiency benefits.

What is the potential sales opportunity in the market for Applied UV, Inc.?

Applied UV Inc. believes that the market likely holds an annual sales opportunity in the hundreds of millions of dollars based on the positive response to their LED system.

How does the patented Fighter Flex LED system bring efficiency gains?

The patented Fighter Flex LED system from Applied UV Inc. has been proven to reduce energy consumption by 5-15%, resulting in significant savings for property owners.

What innovative solution did SteriLumen, a subsidiary of Applied UV, Inc., develop?

SteriLumen, a subsidiary of Applied UV Inc., developed a new patent application for a disinfection system comprised of multiple wavelengths each controlled optimally, specifically designed for healthcare environments.

How does the PURONet Control System optimize energy use in healthcare environments?

The PURONet Control System from Applied UV Inc. integrates continuous and terminal disinfection methods, optimizing energy use while ensuring optimal safety and efficiency in healthcare settings.

What are the key product areas MunnWorks and Design Elements plan to collaborate on?

The key product areas MunnWorks and Design Elements plan to collaborate on include Water Features, Monumental Landscape Furnishings, Preserved Green-walls, and Outdoor interactive systems for public spaces.

What is the strategic focus of Applied UV, Inc. in healthcare disinfection technology?

The strategic focus of Applied UV Inc. in healthcare disinfection technology is to deliver innovative, energy-efficient, and effective solutions that meet the rigorous demands of modern healthcare environments.