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Applied Uv | 8-K: Current report

アプライドUV | 8-K:臨時報告書

SEC announcement ·  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.は傘下のSteriLumen, Inc.と MunnWorks, LLCと共に、Cedar Advance LLCとビジネスの融資およびセキュリティ協定を締結しました。この協定に基づき、Applied UVは772,500ドルのローンを、年利28%、ブローカー手数料および発起人費用を含め提供されます。この期間は40週間で、一般的な企業目的およびさらなる成長のため、同社の運転資本ニーズをサポートするために、このローンが割り当てられます。協定は、3営業日以内に解決されないデフォルトの場合、貸し手は会社の資産に対する権利を保持し、会社の口座から金...すべて展開
2024年3月10日、Applied UV, Inc.は傘下のSteriLumen, Inc.と MunnWorks, LLCと共に、Cedar Advance LLCとビジネスの融資およびセキュリティ協定を締結しました。この協定に基づき、Applied UVは772,500ドルのローンを、年利28%、ブローカー手数料および発起人費用を含め提供されます。この期間は40週間で、一般的な企業目的およびさらなる成長のため、同社の運転資本ニーズをサポートするために、このローンが割り当てられます。協定は、3営業日以内に解決されないデフォルトの場合、貸し手は会社の資産に対する権利を保持し、会社の口座から金額を引き落としたり、総元金および利息を加速する権利を持っています。このローンは、いつでも罰金なしで前払いができます。この資金の動きは、2024年2月8日の以前の融資契約に続くものであり、この契約ではApplied UVは同様の条件で515,000ドルを借り入れしました。これらの協定の詳細は、SECと提出された展示で完全に概説されています。
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