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

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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...

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Applied UV, Inc. (AUVI) announced a 1-for-25 reverse stock split of its common stock to maintain its Nasdaq listing, effective December 12, 2023. This move aims to bring the company into compliance with the $1.00 minimum bid price requirement.
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Applied UV, Inc. (NASDAQ: AUVI) announced that its MunnWorks subsidiary has furnished Dollywood’s HeartSong Lodge & Resort with lighted and decorative mirrors, and custom vanities. The resort, located in the Great Smoky Mountains, is now enhanced by MunnWorks' exceptional furnishings, reflecting the highest standards of hospitality design. MunnWorks' commitment to creating tailor-made solutions has positioned it as a key contributor to distinguished properties.
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Applied UV, Inc. (NASDAQ: AUVI) announced strong financial results for Q3 2023, showing a 94.8% increase in total revenues and a 216.6% growth in gross profit. The company also made significant progress in innovation and commercial capabilities, initiated an organizational restructuring plan, and received several patents for its advanced technologies.
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Applied UV, Inc. (Nasdaq: AUVI; AUVIP) announced the closing of an underwritten public offering with gross proceeds of approximately $6.4 million. The offering was upsized from $6.0 million and consisted of 42,666,666 units or pre-funded units. The company used some of the net proceeds for repayment of a note and intends to use the rest for general corporate purposes, including working capital.
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Applied UV, Inc. (Nasdaq: AUVI; AUVIP) announced the pricing of a public offering with gross proceeds expected to be approximately $6.4 million. The offering was upsized from $6.0 million, consisting of 42,666,666 units at an offering price of $0.15 per unit. The net proceeds will be used for the repayment of notes and general corporate purposes, including working capital. Aegis Capital Corp. is the sole book-running manager for the offering.
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Applied UV (AUVI) declared a cash dividend of $0.21875 per share for its 10.5% Series A Cumulative Perpetual Preferred Stock (AUVIP). The dividend will be paid on May 15, 2023, to shareholders of record by May 4, 2023. This announcement follows the company's ongoing commitments to enhance indoor air quality and offers a range of patented pathogen elimination technologies alongside their LED lighting and luxury furnishings. Applied UV serves various sectors globally, including healthcare and hospitality, ensuring a strong market presence with numerous strategic partnerships. The company emphasizes its ongoing efforts to improve shareholder returns.

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Applied UV, Inc. (NASDAQ: AUVI) has authorized a cash dividend of $0.21875 per share to holders of its 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ: AUVIP). This dividend will be paid on or about April 17, 2023, to shareholders recorded by the close of business on April 4, 2023. The company specializes in advanced disinfection technologies, LED lighting, and luxury furnishings, serving varied sectors including healthcare and hospitality. Their strategic partnerships enhance product offerings across a global market. This dividend reflects the company's commitment to return capital to shareholders.

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Applied UV, Inc. (NASDAQ: AUVI) has announced a cash dividend of $0.21875 per share for its 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ: AUVIP). This dividend is set to be paid on or about March 15, 2023, to holders of record as of March 3, 2023. Applied UV is recognized for its proprietary, patented air and surface disinfection technologies, as well as its LED lighting and furnishings. The company serves various markets including healthcare, hospitality, and education through strategic partnerships and a global network of dealers and distributors.

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Applied UV, Inc. (NASDAQ: AUVI) announced a cash dividend of $0.21875 per share for holders of its 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ: AUVIP). This dividend is set for payment on or about February 15, 2023, to shareholders on record as of February 3, 2023. The company specializes in pathogen elimination technology, utilizing narrow-range UVC light for effective surface area and air purification. Its subsidiaries, including SteriLumen, offer advanced products to combat infections across various sectors, including healthcare and commercial environments.

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

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MOUNT VERNON