Bekanntmachung • Jun 10
Applied UV, Inc. Bankruptcy Case Dismissed The US Bankruptcy Court dismissed the Chapter 11 case of Applied UV, Inc. on June 9, 2025. The case was dismissed based on the motion filed by Applied UV, Inc. and Sterilumen, Inc. on May 2, 2025. Bekanntmachung • Nov 06
Motion for Asset Sale Filed by Applied UV, Inc. Applied UV, Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on November 4, 2024. The debtor seeks the Court’s approval for the sale of its certain assets to the winning bidder at the auction with Auction Advisors LLC as its auctioneer with a commission equal to 10% of the purchase price. The debtor’s assets include Sterilumen’s remaining assets which consists of accounts receivables and physical inventory. To qualify as a qualified bidder, interested parties should submit their bids by January 2, 2025, along with good-faith deposit in the amount of 5% of the bid price. The initial minimum overbid should be at least $0.05 million more than the initial purchase price. The debtor has scheduled an auction on January 8, 2025. At the auction, the subsequent bids would be in increments of $0.05 million. Bekanntmachung • Jul 10
Motion for Asset Sale Filed by Applied UV, Inc. Applied UV, Inc filed a motion in the US Bankruptcy Court for the sale of certain assets on July 8, 2024. The debtor seeks the Court’s approval for the sale of shares of Munn Works held by Applied UV to Mirror Acquisition Corp. for a purchase price of $0.75 million and Sterilumen’s “replacement part” division of its business to KES Technologies, LLC for a purchase price of $0.90 million. To qualify as a qualified bidder, interested parties should submit their bids by September 5, 2024. The initial minimum overbid should be in the amount of at least $0.93 million for the Sterilumen Assets and $0.78 million for shares of Munn Works. The debtor has scheduled an auction on September 10, 2024. The stalking horse bidder would be entitled to an expense reimbursement of $0.03 million in case of termination of the asset purchase agreement. The sale hearing is scheduled for July 25, 2024. KES Technologies, LLC is represented by Matt Thiry of Matt Thiry Law, LLC as its legal advisor. Bekanntmachung • Jun 02
The Nasdaq Stock Market LLC Determines Applied UV’s Common Stock to be Delisted from Nasdaq, as a Result of the Filings of the Chapter 11 Cases On May 24, 2024, Applied UV, Inc. (the ‘Company’), and its wholly owned subsidiary, SteriLumen, Inc. (‘SteriLumen’), filed voluntary petitions for relief under chapter 11 of title 11 of the United States Bankruptcy Code (the ‘Bankruptcy Code’) in the United States Bankruptcy Court for the District of New York (the ‘Bankruptcy Court’). The Company’s and SteriLumen’s chapter 11 cases (the ‘Chapter 11 Cases’) are being administered under the captions In re: Applied UV, Inc., Case No. 24-22462 and In re: Sterilumen, Inc., Case No. 24-22463, respectively. The Company and SteriLumen continue to operate their businesses as a ‘debtor-in-possession’ under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. The Company and SteriLumen are seeking approval of a variety of ‘first day’ motions containing customary relief intended to enable the Company and SteriLumen to continue their ordinary course operations during the Chapter 11 Cases. The Company and SteriLumen intend to use available cash on hand, which stands at approximately $10,000 and $55,000, respectively, as of the filing date, to fund post-petition operations and costs in the ordinary course. On May 24, 2024, the Company received written notice (the ‘Delisting Notice’) from the staff of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that, as a result of the filings of the Chapter 11 Cases and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq had determined that the Company’s common stock and Series A Preferred Stock will be delisted from Nasdaq. In the Delisting Notice, the staff of Nasdaq referenced the Chapter 11 Filing and associated public interest concerns raised by it, concerns regarding the residual equity interest of the existing listed securities holders and concerns about the Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq. The Delisting Notice also indicates that the Company may appeal Nasdaq’s determination pursuant to procedures set forth in Nasdaq Listing Rule 5800 Series. The Company does not intend to appeal this determination. Trading of the Company’s common stock and Series A Preferred Stock will be suspended at the opening of business on June 4, 2024 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s common stock and Series A Preferred Stock from listing and registration on Nasdaq. Bekanntmachung • May 31
Applied UV, Inc.(OTCPK:AUVI.Q) dropped from S&P TMI Index Applied UV, Inc.(OTCPK:AUVI.Q) dropped from S&P TMI Index Bekanntmachung • May 30
Applied UV, Inc.(OTCPK:AUVI.Q) dropped from NASDAQ Composite Index Applied UV, Inc. has been removed from NASDAQ Composite Index . Bekanntmachung • May 26
Applied UV, Inc. Filed for Bankruptcy Applied UV, Inc along with its one affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York on May 24, 2024. The debtor listed its assets in the range of $0.50 million to $1 million and liabilities in the range of $1 million to $10 million. The debtor is represented by Erica Feynman Aisner of Kirby Aisner & Curley LLP as its legal counsel. Bekanntmachung • May 23
Applied UV Receives Letter from Nasdaq Regarding Non-Compliance with Minimum Closing Bid Price Requirement for Continued Listing on the Nasdaq Capital Market Pursuant to Nasdaq Listing Rule 5550(a)(2) On May 16, 2024, Applied UV, Inc. (the ‘Company’) received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (‘Nasdaq’) therein stating that for the 31 consecutive business day period between April 3, 2024 through May 15, 2024, the common stock of the Company had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the ‘Bid Price Rule’). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar days, or until November 12, 2024 (the ‘Compliance Period’), to regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule by November 12, 2024, the Company may be eligible for an additional 180-day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Bid Price Rule, and would need to provide written notice of its intention to cure the bid price deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company cannot regain compliance during the Compliance Period or any subsequently granted compliance period, the common stock of the Company will be subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq hearings panel. The notice from Nasdaq has no immediate effect on the listing of the Company’s common stock and its common stock will continue to be listed on The Nasdaq Capital Market under the symbol ‘AUVI.’ The Company is currently evaluating its options for regaining compliance. There can be no assurance that the Company will regain compliance with the Bid Price Rule or maintain compliance with any of the other Nasdaq continued listing requirements. Bekanntmachung • Mar 28
Applied UV, Inc. has filed a Follow-on Equity Offering in the amount of $2.763 million. Applied UV, Inc. has filed a Follow-on Equity Offering in the amount of $2.763 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,726,875
Price\Range: $1.6
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Transaction Features: Registered Direct Offering Bekanntmachung • Feb 17
Applied UV, Inc. Appoints Christopher Kobucha as Member of the Board Applied UV, Inc. announced On February 14, 2024, the Board appointed Christopher Kobucha, as a member of the Board, effective as of February 14, 2024. Bekanntmachung • Jan 12
Applied UV Inc. Announces Launch of Patented Fighter Flex LED Solution Opening Significant Revenue Opportunity Applied UV Inc. announced 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. In the United States, office spaces typically require between 50,000 to 75,000 BTUs per year per square foot for heating, influenced by factors such as building age, insulation quality, and local climate. For a standard office building in a moderate climate, air conditioning costs alone can reach approximately $2-$3 per square foot annually. Utilizing patented UVC LED system to maintain the efficiency of HVAC coils has proven to reduce energy consumption by 5-15%. For an owner of a 100,000 square foot office space, the integration of UVC technology could equate to approximately $45,000 in energy savings in the first year alone. The LED Revolution in HVAC Systems Applied UV Inc.'s patented UVC LED fixtures offer a refined alternative to traditional mercury vapor UVC bulbs. fixtures deliver targeted UVC illumination, avoiding wastage on non-essential surfaces, and provide precise dosing control. The switch to UVC LED fixtures from mercury vapor tubes (a 100-year-old technology) can result in an additional 100% increase in energy savings within the UV system, leading to on average an additional $10,000 in annual savings for a 100,000 square foot property. Sustainability Meets Innovation The Fighter Flex LED solution boasts durable, low-maintenance, and mercury-free emitters, marking a significant advancement in UVC LED technology. Applied UV Inc.'s commitment to innovation has been recognized with a major federal agency initiating a full trial of their patent-pending UVC LED design, signifying a transformative step in UV application for coil cleaning within building HVAC systems. Bekanntmachung • Nov 16
Applied UV, Inc. has completed a Composite Units Offering in the amount of $6.4 million. Applied UV, Inc. has completed a Composite Units Offering in the amount of $6.4 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 42,666,666
Price\Range: $0.15
Discount Per Security: $0.012 Bekanntmachung • Nov 15
Applied UV, Inc. announced delayed 10-Q filing On 11/14/2023, Applied UV, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Bekanntmachung • Aug 29
Applied UV Receives Letter from the Nasdaq Listing Qualifications Staff of the Nasdaq, Regarding Minimum Closing Bid Price On August 23, 2023, Applied UV, Inc. received a letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) therein stating that for the 30 consecutive business day period between July 12, 2023 through August 22, 2023, the common stock of the Company had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial period of 180 calendar days, or until February 20, 2024 (the “Compliance Period”), to regain compliance with the Bid Price Rule. If the Company does not regain compliance with the Bid Price Rule by February 20, 2024, the Company may be eligible for an additional 180-day period to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Bid Price Rule, and would need to provide written notice of its intention to cure the bid price deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company cannot regain compliance during the Compliance Period or any subsequently granted compliance period, the common stock of the Company will be subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq hearings panel. The notice from Nasdaq has no immediate effect on the listing of the Company's common stock and its common stock will continue to be listed on The Nasdaq Capital Market under the symbol AUVI." The Company is currently evaluating its options for regaining compliance. There can be no assurance that the Company will regain compliance with the Bid Price Rule or maintain compliance with any of the other Nasdaq continued listing requirements. Bekanntmachung • Aug 19
Applied UV, Inc. to Report Q2, 2023 Results on Aug 21, 2023 Applied UV, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 21, 2023 Bekanntmachung • Aug 17
Applied UV, Inc. announced delayed 10-Q filing On 08/15/2023, Applied UV, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Bekanntmachung • Jun 17
Applied UV, Inc. has completed a Follow-on Equity Offering. Applied UV, Inc. has completed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: $1
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant New Risk • Jun 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Market cap is less than US$10m (US$7.04m market cap). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$10m net loss next year). Bekanntmachung • May 19
Applied UV, Inc. to Report Q1, 2023 Results on May 22, 2023 Applied UV, Inc. announced that they will report Q1, 2023 results After-Market on May 22, 2023 Bekanntmachung • May 16
Applied UV, Inc. announced delayed 10-Q filing On 05/15/2023, Applied UV, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Bekanntmachung • Jan 27
Applied UV, Inc. (NasdaqCM:AUVI) acquired Puro Lighting, LLC from Brian Stern, Andrew Lawrence, Jeff Stern, Bobby Lawrence and James Colantoni for $15.1 million. Applied UV, Inc. (NasdaqCM:AUVI) entered into an agreement to acquire Puro Lighting, LLC from Brian Stern, Andrew Lawrence, Jeff Stern, Bobby Lawrence and James Colantoni for $15.1 million on December 19, 2022. Applied UV will pay $1.5 million in cash, 2.5 million shares in common stock and 0.25 million shares of Series C Preferred Stock. Breaching Party will pay to the non-Breaching Party a termination fee of $2 million. The transaction is subject to approval of PURO and Applied Board and lock-up agreement. The transaction has been approved by board of directors of both parties. Perkins Coie LLP acted as counsel to Puro.
Applied UV, Inc. completed the acquisition of Puro Lighting, LLC from Brian Stern, Andrew Lawrence, Jeff Stern, Bobby Lawrence and James Colantoni on January 26, 2023. Bekanntmachung • Nov 05
Applied UV, Inc. to Report Q3, 2022 Results on Nov 14, 2022 Applied UV, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 14, 2022 Bekanntmachung • Aug 12
Applied UV, Inc. to Report Q2, 2022 Results on Aug 15, 2022 Applied UV, Inc. announced that they will report Q2, 2022 results on Aug 15, 2022 Bekanntmachung • Jun 01
Applied UV Names Monica Woo to Board of Directors Applied UV reported that Monica Woo has joined the Board of Directors. Monica Woo joins Applied UV's extensive Executive leadership team and Board as the Company continues the global market expansion of its patented, disruptive and highly effective suite of fixed and mobile air purification solutions (Airocide and Scientific Air). Bekanntmachung • May 26
Applied UV, Inc. Announces Board Changes Applied UV, Inc. announced that Joseph (Jos) Luhukay has joined the board of directors. Jos Luhukay joins Applied UV’s extensive Executive leadership team and Board as the Company continues the global market expansion of its patented, disruptive, and highly effective suite of fixed and mobile air purification solutions (Airocide and Scientific Air). Jos Luhukay is a seasoned international banking Executive with over 40 years of experience leading many of Indonesia’s leading financial institutions and a former Ernst and Young Partner who led the business advisory and risk consulting practice which provided services in corporate governance, risk management, information systems audit and advisory, internal audit and policy and operational process development. Jos Luhukay’s distinguished career brings Applied UV a strong track record in delivering profitable growth for internationally recognized bank and investment banking companies including: Chief Operating Officer of Bank Niaga, Bahana Pembinaan Usaha Indonesia, a main Indonesian Government-owned investment Bank, Chief Operating Officer & Executive Director of the Jakarta Initiative Task Force (set up by the Ministry of Finance) where he managed a $65B portfolio and restructured over 20% of it in less than 2 years, President Director of Bank Lippo, where he was awarded “CEO of the Year” in 2006 by SWA Magazine (the largest business magazine in Indonesia), Deputy President of Temasek-owned Bank Danamon and his most recent role as President Director of Rabobank International Indonesia, a 30 year old Dutch owned Commercial Bank in Indonesia. Jos Luhukay holds an engineering degree in electrical engineering from the University of Indonesia, a Master’s and PhD in Computer Science from the University of Illinois at Urbana-Champaign. Both Monica Woo and Jos Luhukay were nominated by majority shareholder and approved at Applied UV’s Annual Shareholder Meeting held on May 17th, 2022, replacing Gene Bauer and Joel Kanter. On May 17th, 2022, Alastair Clemow resigned from Board. Bekanntmachung • May 20
Applied UV, Inc. Adds Monica Woo to Board of Directors Applied UV, Inc. announced that Monica Woo has joined the Board of Directors. Monica Woo joins Applied UV’s extensive Executive leadership team and Board. Monica has served in C-suite level positions on numerous Companies including: the former President of 1-800-Flowers.Com, Inc., flagship Consumer Floral Division, the former Chief Revenue & Strategy Officer of FreshDirect (Ahold Delhaize), the former President of Bacardi Global Brands, the former Chief Marketing Officer of Diageo PLC Europe, former Executive Vice President of Nutrisystem’s, the former Chief Marketing and Strategy Officer, Deutsch Bank’s Online-LATAM, Sao Paulo, Brazil/NY, NY and the former Chief Marketing Officer Citibank Online & Citibank Private Bank. Bekanntmachung • May 19
Applied UV, Inc. to Report Q1, 2022 Results on May 23, 2022 Applied UV, Inc. announced that they will report Q1, 2022 results After-Market on May 23, 2022 Bekanntmachung • May 13
Applied UV, Inc. announced delayed 10-Q filing On 05/12/2022, Applied UV, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Bekanntmachung • Apr 10
Applied UV, Inc Appoints John F. Andrews as Chief Executive Officer Applied UV, Inc. announced that John F. Andrews has joined the Company serving as Chief Executive Officer. John F. Andrews has over 30 years of senior leadership experience in telecom and technology companies, both public and private. He has been CEO of several public companies as well as started and founded companies from ground zero. His experience includes leading three (3) companies to strategic exits (two (2) private and one (1) public), raising over one hundred (100) million dollars of public and private capital, managing numerous mergers and acquisitions, leading companies through explosive growth as well as rightsizing, and being recruited to turn around stalled companies. He recently was the CEO and Co-founder of Trinity IT Services LLC and CEO of TrekSecure LLC. Bekanntmachung • Apr 09
Applied UV, Inc Appoints John F. Andrews as Member of the Board of Directors Applied UV, Inc. announced that John F. Andrews has joined the Company serving as member of the Board of Directors. John F. Andrews has over 30 years of senior leadership experience in telecom and technology companies, both public and private. He has been CEO of several public companies as well as started and founded companies from ground zero. His experience includes leading three (3) companies to strategic exits (two (2) private and one (1) public), raising over one hundred (100) million dollars of public and private capital, managing numerous mergers and acquisitions, leading companies through explosive growth as well as rightsizing, and being recruited to turn around stalled companies. He recently was the CEO and Co-founder of Trinity IT Services LLC and CEO of TrekSecure LLC. Bekanntmachung • Apr 08
Applied UV, Inc., Annual General Meeting, May 17, 2022 Applied UV, Inc., Annual General Meeting, May 17, 2022, at 13:00 US Eastern Standard Time. Agenda: To elect seven directors to serve until the 2023 Annual Meeting of Shareholders and until their respective successors are duly elected and qualified; to consider and ratify the selection of Mazars USA LLP as independent auditors for the fiscal year ending December 31, 2022; to consider and approve an amendment to the 2020 Omnibus Incentive Plan; to increase the number of shares of common stock subject to the Plan from 600,000 to 2,500,000 shares; and to increase the individual limitations on grants from 60,000 to 250,000; and to consider the transact such other business as may properly come before the meeting. Bekanntmachung • Apr 03
Applied UV, Inc. announced delayed annual 10-K filing On 04/01/2022, Applied UV, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Bekanntmachung • Jan 19
Applied UV Receives Letter from Nasdaq Indicating That the Company Is Not in Compliance with Nasdaq Rule 5620 On January 13, 2022, Applied UV, Inc. (the "Company") received a letter from Nasdaq indicating that the Company is not in compliance with Nasdaq Rule 5620 that requires a newly listed company to hold an annual meeting of stockholders within one-year after its first fiscal year-end following listing because the Company did not hold an annual meeting in calendar year 2021. No annual meeting of stockholders was held in 2021 due primarily to the issues surrounding the ability of having an in-person annual meeting of stockholders resulting from the lock-downs, social distancing rules and other disruptions resulting from the spread of the Covid-19 virus in the United States, and in New York in particular, in 2021. The Nasdaq letter notes that the Company is required to submit a plan to regain compliance with Nasdaq's requirements for continued listing within 45 calendar days from the date of the Nasdaq notification letter. Upon acceptance of the Company's compliance plan, Nasdaq is permitted to grant an exception of up to 180 calendar days from December 31, 2021 (that is June 29, 2022) to regain compliance with Nasdaq's filing requirements for continued listing. The Company is currently planning for its 2022 Annual Meeting of Stockholders to be held in the second quarter of 2022 and will provide stockholders of record with proxy materials in advance of the Meeting. The Nasdaq notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. The Company anticipates that it will fully regain compliance with the Nasdaq continued listing requirements upon the holding of its 2022 Annual Meeting of Stockholders. Bekanntmachung • Dec 30
Applied UV, Inc. has completed a Follow-on Equity Offering in the amount of $8.000001 million. Applied UV, Inc. has completed a Follow-on Equity Offering in the amount of $8.000001 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,666,667
Price\Range: $3