Applied UV, Inc. designs, develops, and markets air purification and infection control products in the healthcare, hospitality, commercial, municipal, and residential markets in the United States. The company offers solutions and products in air purification under the Airocide brand and label and disinfection of hard surfaces under the Lumicide brand. It also manufactures and supplies fine decorative framed mirrors, framed art, and vanities. The company is based in Mount Vernon, New York.
IPO Year: 2020
Exchange: NASDAQ
Website: applieduvinc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2022 | $4.00 | Buy | EF Hutton |
EF Hutton initiated coverage of Applied UV with a rating of Buy and set a new price target of $4.00
8-K - Applied UV, Inc. (0001811109) (Filer)
8-K - Applied UV, Inc. (0001811109) (Filer)
8-K - Applied UV, Inc. (0001811109) (Filer)
8-K - Applied UV, Inc. (0001811109) (Filer)
8-K - Applied UV, Inc. (0001811109) (Filer)
8-K - Applied UV, Inc. (0001811109) (Filer)
NT 10-Q - Applied UV, Inc. (0001811109) (Filer)
8-K - Applied UV, Inc. (0001811109) (Filer)
EFFECT - Applied UV, Inc. (0001811109) (Filer)
S-1/A - Applied UV, Inc. (0001811109) (Filer)
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NEW YORK, NY / ACCESSWIRE / April 1, 2024 / 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).About Applied UV, Inc.Applied UV, Inc., through its subsidiaries, develops, acquires, markets, and sells proprietary surface and air disinfection technology products in the United States, Canada, and Europe. The company focuses on indoor air quality (IAQ) products, specialty LED lighting products, luxury mirrors, and commercial furnishings. It serves healthcare, commercial and public venue, hospitality, food preservation, cannabis, education, and winery markets. The company was inc
NEW YORK, NY, April 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ:AUVI) (the "Company"), a leader in smart building technology solutions, today announced the closing of its previously announced registered direct offering and concurrent private placement with institutional investors. The Company issued shares of common stock of the Company ("Common Stock") and pre-funded warrants ("Pre-Funded Warrants") in a registered direct offering. In a concurrent private placement, the Company also issued common warrants ("Common Warrants") to the same investors. Aggregate gross proceeds to the Company from both transactions were approximately $2.76 million. The transactions
NEW YORK, NY, March 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ:AUVI, AUVIP))) ("Applied UV" or the "Company"), a leader in smart building technology solutions, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of common stock of the Company ("Common Stock") and pre-funded warrants ("Pre-Funded Warrants") in a registered direct offering. In a concurrent private placement, the Company also agreed to sell to the same investors, common warrants ("Common Warrants"). Aggregate gross proceeds to the Company from both transactions are expected to be approximately $2.76 million, the maximum availabili
Aligns with Company's strategic focus on bringing to market state-of-the-art advanced disinfection systems NEW YORK, NY, March 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. ("Applied UV" or the "Company") (NASDAQ:AUVI), a leader in smart building technology solutions, today announced that its SteriLumen subsidiary has filed a new patent application with the United States Patent and Trademark Office ("USPTO") entitled "Disinfection System Comprised of Multiple Wavelengths Each Controlled Optimally" with claims pertaining to a method of integrating disinfection systems uniquely designed to optimize environmental cleanliness across different rates of occupancy within heal
Element Designs is a well-established designer and fabricator of large scale and public metal systems such as custom water cascades and fountains, outdoor monumental furnishings, and public green-walls.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 n
Max Munn, CEO of AUVI, states: "We estimate that potential revenues from this project could total $250 Million to $300 Million over the next 3 to 6 years." AUVI subsidiaries (MunnWorks, SteriLumen & LED), in talks with the developer to supply UV disinfection, energy saving smart building control solutions and custom interiors. NEW YORK, NY, Feb. 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV, Inc. ("Applied UV" or the "Company") (NASDAQ:AUVI), a leader in smart building technology solutions, announced plans to develop case goods and smart building technologies for Larimar City & Resort, a new multi-use development under construction in the Dominican Republic. The Company e
DENVER, CO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV Inc. (NASDAQ:AUVI), a leader in smart building technology solutions, announced the introduction of its industry disruptive pulse modulated UVC LED enhancement (US # 63/623,789, Filed January 22, 2024) to its Fighter Flex LED solution at the AHR Expo [ the premier international HVAC technology trade show] which ended on January 24th, 2024. The overwhelming response to our exhibited LED system was extremely positive, and as Max Munn, AUVI CEO, states, "We believe this market likely holds an annual sales opportunity in the hundreds of millions of dollars." This disruptive application will redefine energy efficiency
MT VERNON, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV Inc. (NASDAQ:AUVI), a leader in innovative and industry disruptive solutions across various sectors, is pleased to announce significant revenue in its Smart Building Technologies division. Recent strategic investments in LED Supply Co. will yield substantial sales in 2024, with the division poised to contribute $10 million in sales from just three nationally recognized accounts in 2024. With approximately $3M of this $10 million in orders already received from these industry leaders, it is expected that this division will assist in driving AUVI toward positive cash flow. These orders constitute a fraction of
DENVER, CO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV Inc. (NASDAQ:AUVI), a leader in smart building technology solutions, is excited to announce the launch of its groundbreaking Fighter Flex LED solution at the upcoming AHR Expo on January 22nd. This disruptive technology is set to redefine energy efficiency in heating, ventilation, and air conditioning (HVAC) systems across the industry. Applied UV Inc. is finalizing distribution agreements with several major international smart building technology brands. The Fighter Flex LED technology was selected by the GSA and DOE for the GSA Green Proving Ground Program. Max Munn, CEO of Applied UV, stated, 'We are delighted
New organizational structure to maximize revenue opportunities and reduce costs across several operating units Cost saving initiatives are expected to reduce ongoing operating expenses in excess of $1 million annually beginning in January 2024; Management expects the Company's operating units to be cash flow positive in the second quarter of 2024 NEW YORK, NY, Dec. 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. ("Applied UV" or the "Company") (NASDAQ:AUVI), a leader in global food security, air quality, and specialty building solutions today announced the successful integration of its PURO and Airocide businesses into its Sterilumen subsidiary to optimize its portf
MOUNT VERNON, NY / ACCESSWIRE / April 5, 2021 / Applied UV, Inc. (NASDAQ:AUVI) ("Applied UV" or the "Company"), an infection control technology company that applies the power of narrow-range ultraviolet light ("UVC") for surface areas and catalytic bioconversion technology for air purification to destroy pathogens safely, thoroughly, and automatically, announced that Mike Riccio, CPA, is appointed Chief Financial Officer, effective April 5, 2021. Mr. Riccio is a highly accomplished CFO who brings an extensive array of financial experience to Applied UV, including a background with global public companies in corporate finance, operations management systems, and corporate M&A planning and inte
NEW YORK, NY / ACCESSWIRE / April 1, 2024 / 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).About Applied UV, Inc.Applied UV, Inc., through its subsidiaries, develops, acquires, markets, and sells proprietary surface and air disinfection technology products in the United States, Canada, and Europe. The company focuses on indoor air quality (IAQ) products, specialty LED lighting products, luxury mirrors, and commercial furnishings. It serves healthcare, commercial and public venue, hospitality, food preservation, cannabis, education, and winery markets. The company was inc
MT VERNON, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV Inc. (NASDAQ:AUVI), a leader in innovative and industry disruptive solutions across various sectors, is pleased to announce significant revenue in its Smart Building Technologies division. Recent strategic investments in LED Supply Co. will yield substantial sales in 2024, with the division poised to contribute $10 million in sales from just three nationally recognized accounts in 2024. With approximately $3M of this $10 million in orders already received from these industry leaders, it is expected that this division will assist in driving AUVI toward positive cash flow. These orders constitute a fraction of
Total revenues for the second quarter of 2023 of $10.8 million, representing an 83.6% increase over the comparable period in 2022Gross profit grew to $2.4 million, up 84.8% from $1.3 million in the comparable period in 2022.Record backlog of $20 million as of August 21, 2023Reaffirms its previous guidance of approximately $45 million in revenue for 2023 NEW YORK, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ:AUVI), a leader in global food security, air quality, and intelligent building solutions today announced its financial results for the second quarter 2022. For the quarter, revenues were $10.8 million, increasing 83.6%, compared with $5.9 milli
NEW YORK, NY, Aug. 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ:AUVI), a leader in global food security, air quality, and intelligent building solutions, today announced that the Company will be hosting an investor conference call and live webcast on Monday, August 21, 2023 at 9:00 am ET to review its financial results. The Company's second quarter 2023 financial results press release will be issued before the market open on Monday, August 21, 2023 and will be available through the Investor Relations section of the company's website at https://irdirect.net/AUVI. The Company plans to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, wit
Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a leading provider of patented, scientifically and clinically proven surface and air pathogen elimination and disinfection technologies (fixed, mobile, and HVAC), LED lighting products and premium hotel furnishings, used by clients globally, announces today its Board of Directors has authorized the cash dividend to holders of Applied UV's 10.5% Series A Cumulative Perpetual Preferred Stock. Holders of the 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ:AUVIP) shall receive a cash dividend equal to $0.21875 per share. The return of capital will be paid on or about June 15, 2023, to respective holders of record
Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a leading provider of patented, scientifically and clinically proven surface and air pathogen elimination and disinfection technologies (fixed, mobile, and HVAC), LED lighting products and premium hotel furnishings, used by clients globally, announced that the Company will be hosting an investor conference call and live webcast on Tuesday, May 23, 2023 at 9:00 am ET to review its financial results. First quarter 2023 financial results will be released after market close on Monday, May 22, 2023 and will be available through the Investor Relations section of the company's website at https://irdirect.net/AUVI. Conference Call
Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a leading provider of patented, scientifically and clinically proven surface and air pathogen elimination and disinfection technologies (fixed, mobile, and HVAC), LED lighting products and premium hotel furnishings, used by clients globally, announces today its Board of Directors has authorized the cash dividend to holders of Applied UV's 10.5% Series A Cumulative Perpetual Preferred Stock. Holders of the 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ:AUVIP) shall receive a cash dividend equal to $0.21875 per share. The return of capital will be paid on or about May 15, 2023, to respective holders of record
Revenue up 73% to $20.1 Million Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a global leading provider of patented, scientifically and clinically proven surface and air pathogen elimination and disinfection technologies (fixed, mobile, and HVAC), LED lighting products and premium hotel furnishings, announces today its financial results for the full year 2022. Recent Business Highlights Completed acquisition of Puro Lighting, LLC ("PURO") and LED Supply Co. ("LED Supply") effectively doubling the size of the Company, with revenue expected to be between $45 and $50 million in 2023 Expanded air pathogen elimination and disinfection product offering to include fully
Applied UV, Inc. (Nasdaq CM: AUVI ) ("Applied UV" or the "Company"), a leading provider of best in class suite of proprietary, patented, scientific and clinically proven, surface and air disinfection technologies (fixed, mobile and HVAC), LED lighting products and hotel furnishings used by clients globally, announces today its Board of Directors has authorized the cash dividend to holders of Applied UV's 10.5% Series A Cumulative Perpetual Preferred Stock. Holders of the 10.5% Series A Cumulative Perpetual Preferred Stock (NASDAQ:AUVIP) shall receive a cash dividend equal to $0.21875 per share. The return of capital will be paid on or about April 17, 2023, to respective holders of record
Applied UV, Inc. (NasdaqCM: AUVI) ("Applied UV" or the "Company"), a global leading provider of patented, scientifically proven surface and air disinfection technologies encompassing fixed, mobile, and HVAC, with best-in-class LED lighting products and premium hotel furnishings, announced that the Company will be hosting an investor conference call and live webcast on Monday, April 3, 2023 at 9:00 am ET to review its financial results. Fourth quarter and year end 2022 financial results will be released after market close on Friday, March 31, 2023 and will be available through the Investor Relations section of the company's website at https://irdirect.net/AUVI. Conference Call/Webcast Infor
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