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Applied UV Inc - AUVIP STOCK NEWS

Welcome to our dedicated news page for Applied UV (Ticker: AUVIP), a resource for investors and traders seeking the latest updates and insights on Applied UV.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Applied UV's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Applied UV's position in the market.

News
Applied UV, Inc. Announces Closing of $2.76 Million Registered Direct and Private Placement
Rhea-AI Summary
Applied UV, Inc. (AUVI) successfully closed a registered direct offering and private placement with institutional investors, raising approximately $2.76 million. The offering included common stock, pre-funded warrants, and common warrants. The proceeds will be used for recent large orders within the Smart Building Technologies division from customers like Siemens, Sherwin Williams, and Arco Murray.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.78%
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Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules
Rhea-AI Summary
Applied UV, Inc. announces agreements with institutional investors for a direct offering, expecting $2.76 million in gross proceeds. The offering includes the sale of Common Stock, Pre-Funded Warrants, and Common Warrants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
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News
Applied UV’s Subsidiary Files Patent Application for New Industry Disruptive Integrated Disinfection System for Healthcare Facilities
Rhea-AI Summary
Applied UV, Inc. announces a new patent application by its SteriLumen subsidiary for a disinfection system optimized for healthcare settings, targeting operating rooms. The system integrates multiple wavelengths for continuous and terminal disinfection, addressing the need for effective and safe disinfection methods in critical areas. The annual market size is estimated to exceed $150M with 4,000 operating rooms renovated annually in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Applied UV’s Subsidiary has Purchased the Continuing Business and a Multi-Year Exclusive Global Licensing Agreement With Element Designs
Rhea-AI Summary
Applied UV's subsidiary, MunnWorks, has acquired Element Designs, a designer and fabricator of custom outdoor systems, in a multi-year exclusive global licensing agreement. The agreement aims to integrate Element Designs' manufacturing into MunnWorks' business, leveraging its resources to increase revenues. Element Designs' founding team will join MunnWorks to collaborate on water features, landscape furnishings, green-walls, and outdoor interactive systems, incorporating Smart Buildings technology. The partnership is expected to enhance the visual appeal and energy efficiency of public spaces, maximizing property value and ROI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.32%
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News
Applied UV, Inc. to Develop Smart Building Technologies for Larimar City, a New Luxury Development With Six Hotels and 20,000 High-end Residences - Potential Revenues Could Total $250 Million to $300 Million
Rhea-AI Summary
Applied UV, Inc. (AUVI) plans to develop case goods and smart building technologies for Larimar City & Resort, estimating potential revenues of $250-300 million over 3-6 years. Subsidiaries MunnWorks, SteriLumen & LED in talks to supply UV disinfection, energy-saving smart building control solutions, and custom interiors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.91%
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Applied UV Inc. Announces Receipt of Provisional Patent for Our Pulse Modulated UVC LED System to be Added to Our Patented Fighter Flex LED Solution Expanding Significant Revenue Opportunity
Rhea-AI Summary
Applied UV Inc. (AUVI) introduces a pulse modulated UVC LED enhancement to its Fighter Flex LED solution at the AHR Expo, receiving an overwhelmingly positive response. The new technology is expected to redefine energy efficiency and maintenance cost reduction in HVAC systems across multiple industries, with a potential annual sales opportunity in the hundreds of millions of dollars. The company is finalizing distribution agreements with major smart building technology brands and has been selected for the GSA Green Proving Ground Program. The patented UVC LED system has been proven to reduce energy consumption by 5-15% and can result in significant energy savings for property owners. Applied UV Inc.'s commitment to innovation and sustainability has been recognized with a major federal agency initiating a full trial of their patent-pending UVC LED design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.03%
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none
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Applied UV Inc. Announces Receipt of Significant Orders in Smart Building Technologies Division
Rhea-AI Summary
Applied UV Inc. (NASDAQ: AUVI) announces significant revenue in its Smart Building Technologies division, with $10 million in sales expected from just three nationally recognized accounts in 2024. The company anticipates overall sales to exceed 2023 results and forecasts a pivotal moment in its financial evolution. The CEO expresses enthusiasm for the progress and the launch of the groundbreaking Fighter Flex LED solution at the upcoming annual AHR Expo, set to redefine energy cost reduction in HVAC systems globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.36%
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Applied UV Inc. Announces Launch of Patented Fighter Flex LED Solution Opening Significant Revenue Opportunity
Rhea-AI Summary
Applied UV Inc. (NASDAQ: AUVI) announces the launch of its Fighter Flex LED solution at the upcoming AHR Expo on January 22nd. This disruptive technology aims to redefine energy efficiency in HVAC systems and has been selected for the GSA Green Proving Ground Program. The company is also finalizing distribution agreements with major international smart building technology brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
67.11%
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Applied UV Announces Successful Integration of Its PURO UV Disinfection and Airocide Food Preservation Units to Optimize Cost Reduction and Expand Global Growth Opportunities
Rhea-AI Summary
Applied UV, Inc. (AUVI) announces the successful integration of its PURO and Airocide businesses into its Sterilumen subsidiary, expecting to reduce ongoing operating expenses by over $1 million annually beginning in January 2024. The company anticipates its operating units to be cash flow positive in the second quarter of 2024. This integration aims to optimize the portfolio, reduce costs, deliver margin expansion, and drive sustainable shareholder value creation. The combined product offerings are expected to generate greater opportunities for growth in revenue, enhanced technical support, customer retention, and customer life cycle management. The integration also allows the company to gain from the natural synergies between the two businesses, resulting in expanded sales and marketing capabilities, improved operating performance, and significant cost reduction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.48%
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Applied UV, Inc. and Silver Cross Hospital Illuminate the Future of Healthcare With Innovative Far-UVC 222nm Technology
Rhea-AI Summary
Applied UV, Inc. (Nasdaq: AUVI) collaborates with Silver Cross Hospital to implement Far-UVC Puro Protect 222nm fixtures in the Sterile Processing Department, revolutionizing hygiene and safety protocols in healthcare. The potential market opportunity in this space alone is estimated to be over $90M in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.71%
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Applied UV Inc

Nasdaq:AUVIP

AUVIP Rankings

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AUVIP Stock Data

4.23M
Furnishings, Fixtures & Appliances
Consumer Cyclical
Link
United States
Mount Vernon

About AUVIP

applied uv, inc. engages in the design, manufacture, assembly, and distribution of automated disinfecting mirror systems for use in hospitals and other healthcare facilities. the company also manufactures and supplies custom designed decorative framed mirrors, framed arts, and bathroom vanities primarily to the hospitality market. it has operations in the united states and internationally. applied uv, inc. was founded in 2012 and is headquartered in mount vernon, new york.