Why Applied UV (AUVI) Stock Is Getting Hammered - Applied UV (NASDAQ:AUVI)

Published on 14 Nov 2023 on Benzinga

Why Applied UV (AUVI) Stock Is Getting Hammered - Applied UV (NASDAQ:AUVI)

Applied UV Inc AUVI shares are trading lower by 43% to $0.15 Tuesday morning after the company announced pricing of its public offering, expecting about $6.4 million in gross proceeds before expenses.

The offering, upsized from $6.0 million, includes units priced at $0.15 each, with options for Aegis Capital Corp. to purchase additional shares and warrants to cover over-allotments.

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