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Auction Advisors Heavily Incentivized to Secure Higher & Better Offers for Sale of Applied UV and Sterilumen Assets

Papers filed in the U.S. Bankruptcy Court this week reveal Auction Advisors LLC will collect a $7,500 fee in the event Applied UV, Inc.’s equity interest in MunnWorks is sold to Max Munn for $750,000 and a $6,000 fee if Sterilumen’s replacement parts business is sold to the Hayman brothers for $900,000. In the event…

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