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Applied Uv | 8-K: Current report

Applied Uv | 8-K: Current report

Applied Uv | 8-K:重大事件
美股SEC公告 ·  03/15 17:32

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On March 10, 2024, Applied UV, Inc., along with its subsidiaries SteriLumen, Inc. and MunnWorks, LLC, entered into a Business Loan and Security Agreement with Cedar Advance LLC. The agreement provided Applied UV with a loan of $772,500 at an annual interest rate of 28%, which includes broker's fees and origination charges. The loan, which has a term of 40 weeks, is intended for general corporate purposes and to support the company's working capital needs for further growth. The agreement stipulates that in the event of a default, which is not remedied within three business days, the lender will have a continuing interest in the company's assets, with the right to debit amounts from the company's checking account and accelerate the total principal and interest due. The loan can be prepaid at any time without penalty. This financial move follows a previous loan agreement from February 8, 2024, where Applied UV borrowed $515,000 under similar terms. The details of these agreements are fully outlined in the exhibits filed with the SEC.
On March 10, 2024, Applied UV, Inc., along with its subsidiaries SteriLumen, Inc. and MunnWorks, LLC, entered into a Business Loan and Security Agreement with Cedar Advance LLC. The agreement provided Applied UV with a loan of $772,500 at an annual interest rate of 28%, which includes broker's fees and origination charges. The loan, which has a term of 40 weeks, is intended for general corporate purposes and to support the company's working capital needs for further growth. The agreement stipulates that in the event of a default, which is not remedied within three business days, the lender will have a continuing interest in the company's assets, with the right to debit amounts from the company's checking account and accelerate the total principal and interest due. The loan can be prepaid at any time without penalty. This financial move follows a previous loan agreement from February 8, 2024, where Applied UV borrowed $515,000 under similar terms. The details of these agreements are fully outlined in the exhibits filed with the SEC.
2024年3月10日,Applied UV, Inc. 及其子公司SteriluMen, Inc.和MunnWorks, LLC與Cedar Advance LLC簽訂了商業貸款和擔保協議。該協議向Applied UV提供了772,500美元的貸款,年利率爲28%,其中包括經紀人費用和發起費用。這筆貸款的期限爲40周,用於一般公司用途,並支持公司進一步增長的營運資金需求。該協議規定,如果發生違約,且未在三個工作日內得到補救,貸款人將持續持有公司資產的權益,有權從公司的支票賬戶中扣除款項,並加快到期本金和利息總額。可以隨時預付貸款,無需支付罰款。這一財務舉措遵循了2024年2月8日之前的貸款協議,當時應用紫外根據類似條款借入了51.5萬美元。向美國證券交易委員會提交的證物中全面概述了這些協議的細節。
2024年3月10日,Applied UV, Inc. 及其子公司SteriluMen, Inc.和MunnWorks, LLC與Cedar Advance LLC簽訂了商業貸款和擔保協議。該協議向Applied UV提供了772,500美元的貸款,年利率爲28%,其中包括經紀人費用和發起費用。這筆貸款的期限爲40周,用於一般公司用途,並支持公司進一步增長的營運資金需求。該協議規定,如果發生違約,且未在三個工作日內得到補救,貸款人將持續持有公司資產的權益,有權從公司的支票賬戶中扣除款項,並加快到期本金和利息總額。可以隨時預付貸款,無需支付罰款。這一財務舉措遵循了2024年2月8日之前的貸款協議,當時應用紫外根據類似條款借入了51.5萬美元。向美國證券交易委員會提交的證物中全面概述了這些協議的細節。
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