Applied uv, inc. announces pricing of $12.0 million public offering of 10.5% series a cumulative perpetual preferred stock

Mount vernon, ny / accesswire / july 13, 2021 / applied uv, inc. (nasdaq:auvi) ("applied uv" or the "company"), an infection prevention technology company that applies the power of narrow-range ultra violet light ("uvc") to destroy pathogens safely, thoroughly, and automatically, today announced the pricing of its underwritten registered public offering of 480,000 shares of 10.5% series a cumulative perpetual preferred stock, with liquidation preference of $25.00 per share (the "series a preferred stock"), at an initial public offering price of $25.00 per share, raising gross proceeds of $12.0 million before deducting underwriting discounts and other estimated offering expenses. the offering is expected to close on or about july 16, 2021, subject to customary closing conditions.
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