Applied UV, Inc.
The Company was formed on Feb. 26, 2019, for the purpose of acquiring all of the equity of SteriLumen and Munn Works. The Company acquired all of the capital stock of SteriLumen in March 2019. The Company acquired all of the membership interests in Munn Works pursuant to an Exchange Agreement dated July 1, 2019. The Company conducts all of its operations through SteriLumen and Munn Works.
SteriLumen developed, makes and sells the SteriLumen Disinfecting System, which currently has five product lines: (i) disinfecting back-lit mirror that replaces the typical mirror (and wall lighting) found above the sink in a public facility bathroom; (ii) disinfecting drain device; (iii) disinfecting shelf that would be installed above the sink in cases where there is not enough room for a bathroom mirror or beneath an existing bathroom mirror; (iv) disinfecting mirrored medicine cabinet for residential use and (v) retrofit kit.
Munn Works manufactures and supplies custom designed decorative framed mirrors, framed art, and bathroom vanities primarily to the hospitality market. Its customers include major hotel chains such as Hilton and Hyatt.
|Industry:||Electric Lighting & Wiring Equipment|
|Address||150 N. Macquesten Parkway Mount Vernon, NY 10550|
|Phone Number||(914) 665-6100|
|View Prospectus:||Applied UV, Inc.|
|Revenues||$10.0 mil (last 12 months)|
|Net Income||$0.7 mil (last 12 months)|
|Price range||$5.00 - $5.00|
|Est. $ Volume||$5.0 mil|
|Manager / Joint Managers||Network 1 Financial Securities, Inc.|
|CO-Managers||Dawson James Securities|
|Expected To Trade:||8/31/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|