secwatch.observer — SEC 8-K summary
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Issuer:     Applied UV, Inc. (—)
CIK:        0001811109
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001213900-24-029453
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied UV raises $2.76M via stock & warrants at $1.60; net $2.4M for working capital
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- Gross proceeds $2.76M from sale of 1,726,875 shares/pre-funded warrants plus 518,065 private warrants at $16.
- Net proceeds ~$2.4M after placement agent fees and expenses.
- Use of proceeds to fund large orders from Siemens, Sherwin Williams, and Arco Murray.
- Pre-funded warrants exercise at $0.0001; common warrants expire in 5.5 years from April 1, 2024.
- Placement agent Aegis Capital; lock-up periods for insiders through December 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811109/000121390024029453/0001213900-24-029453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811109/000121390024029453/ea0203185-8k_applied.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-029453

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer