Applied uv announces closing of $8.0 million underwritten public offering

Mount vernon, ny / accesswire / december 31, 2021 / applied uv, inc. (nasdaq:auvi)(nasdaq:auvip) ("applied uv" or the "company"), an industry leader in air and surface pathogen elimination technology, today announced the closing of its previously announced underwritten public offering of 2,666,667 shares of common stock (the "common stock") at a public offering price of $3.00 per share, for aggregate gross proceeds of approximately $8.0 million, prior to deducting underwriting discounts, commissions, and other offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 400,000 shares of common stock at the public offering price per share, less the underwriting discounts and commissions, to cover over-allotments, if any.
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