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Applied UV, Inc., Raises $12-Million from 10.5% Preferred Stock Offering

Applied UV, Inc. (NasdaqCM: AUVI) closed 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, at an initial public offering price of $25.00 per share, raising gross proceeds of $12.0 million before deducting underwriting discounts and other offering expenses.In connection with the…

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