Applied uv announces full exercise of over-allotment option in underwritten public offering

Mount vernon, ny / accesswire / january 5, 2022 / applied uv, inc. (nasdaq:auvi) (nasdaq:auvip) ("applied uv" or the "company"), an industry leader in air and surface pathogen elimination technology, today announced that the underwriters of its previously completed underwritten public offering have exercised their over-allotment option to purchase an additional 400,000 shares of common stock, for aggregate gross proceeds of approximately $1.2 million, prior to deducting underwriting discounts, commissions, and other offering expenses. the 45-day over-allotment option was granted in connection with the company's previously announced underwritten public offering of 2,666,667 shares of common stock at a public offering price of $3.00 per share.
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