Brief: Disinfection Technology Innovator Applied UV Announces Two Acquisition Agreements

Applied UV

20/12/2022 12:41

Dec 20 (Reuters) - Applied UV Inc  AUVI.O :
    * DISINFECTION TECHNOLOGY INNOVATOR APPLIED UV INC.
ANNOUNCES TWO
ACQUISITION AGREEMENTS WHICH WOULD EFFECTIVELY DOUBLE THE SIZE
OF THE COMPANY
    * APPLIED UV INC - COMBINED TRANSACTION VALUE OF
ACQUISITIONS
WOULD BE APPROXIMATELY $20 MILLION
    * APPLIED UV - APPROXIMATE $20 MILLION IN CONSIDERATION FOR
TRANSACTIONS IS A COMBINATION OF CASH AND RESTRICTED COMMON AND
RESTRICTED PREFERRED SHARES
    * APPLIED UV INC - PORTION OF PURCHASE PRICE THAT CONSISTS
OF
RESTRICTED COMMON SHARES WAS BASED ON A PRICE PER SHARE OF $2.00

Source text for Eikon:  ID:nBw7zPKzga 
Further company coverage:  AUVI.O 
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