Applied UV's Subsidiary has Purchased the Continuing Business and a Multi-Year Exclusive Global Licensing Agreement With Element Designs [Yahoo! Finance]
Applied UV, Inc. (AUVI)
Company Research
Source: Yahoo! Finance
MunnWorks expects to integrate Element Designs manufacturing into its hospitality case goods and furnishings business utilizing MunnWorks' domestic 100,000 sq. ft. facility [including its metal fabrication technology] and grow revenues by leveraging its sales, marketing and global distribution network without a meaningful increase in overhead or administrative cost. MunnWorks has acquired the continuing future sales "the business" and the related rights, exclusively, by agreeing to pay 10% of net realized revenues arising from this purchase. There is no equity payment or debt assumed in this purchase agreement. The Licensor has represented to MunnWorks that the annual revenues since 2017 has ranged between $3 million and $5 million annually. Given the increase in resources now available to Element Designs from MunnWorks [ such as MunnWorks current national sales organization and its extensive customer base] MunnWorks believes that Element Designs post transaction revenues could s
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AUVI
News
- Aegis Capital Corp. Acted as Exclusive Placement Agent on a $2.76 Million Registered Direct and Private Placement Priced at the Market for Applied UV, Inc. (NASDAQ: AUVI) [Yahoo! Finance]Yahoo! Finance
- Aegis Capital Corp. Acted as Exclusive Placement Agent on a $2.76 Million Registered Direct and Private Placement Priced at the Market for Applied UV, Inc. (NASDAQ: AUVI)Accesswire
- Applied UV, Inc. Announces Closing of $2.76 Million Registered Direct and Private Placement [Yahoo! Finance]Yahoo! Finance
- Applied UV, Inc. Announces Closing of $2.76 Million Registered Direct and Private PlacementGlobeNewswire
- Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules [Yahoo! Finance]Yahoo! Finance
AUVI
Sec Filings
- 4/26/24 - Form EFFECT
- 4/23/24 - Form S-1/A
- 4/22/24 - Form DEF
- AUVI's page on the SEC website