MOUNT VERNON, NY / ACCESSWIRE / September 1, 2020 / Applied UV, Inc. (NasdaqCM: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 in connection with its previously announced initial public offering of its common stock, the exercise by Network 1 Financial Securities, Inc., the managing underwriter of its overallotment option to purchase an additional 150,000 shares of common stock at a price of $5.00 per share less the underwriting discount.
The Company's common stock began trading on the Nasdaq Capital Market on August 31, 2020, under the symbol "AUVI". The initial public offering is scheduled to close on September 2, 2020.
Network 1 Financial Securities, Inc. acted as the managing underwriter for the offering and Dawson James Securities, Inc. acted as co-underwriter.
The offering is being made by means of a prospectus. Copies of the final prospectus related to the offering may be obtained, when available, from Network 1 Financial Securities, Inc., 2 Bridge Avenue, Suite 241, Redbank, NJ 07701, or by e-mail at [email protected], or by telephone at 1-(800) 886-7007.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any security in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Applied UV
For more information about Applied UV, Inc., and its subsidiaries, please visit the following websites: https://www.applieduvinc.com/; https://sterilumen.com/; and, https://munnworks.com/.
Forward-Looking Statements
Applied UV Investor Relations
TraDigital IR
Kevin McGrath
+1-646-418-7002
[email protected]
MJ Clyburn
+1-917-327-6847
[email protected]
SOURCE: Applied UV, Inc.
https://www.accesswire.com/604339/Applied-UV-Announces-Exercise-of-Over-Allotment-Option
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