RTTNews | Sep 29, 2021 10:06AM EDT

10:06 Wednesday, September 29, 2021 (RTTNews.com) - Shares of infection control technology Applied UV, Inc. (AUVI) are rising more than 14% in the morning trade on Wednesday after the company said it closed its acquisition of KES Science & Technology, Inc. and JJS Technologies, LLC for $4.3 million in cash and 300,000 common shares of Applied UV.

The deal includes rights to manufacture and sell all of their patented, air disinfection and purification technologies.

KES is expected to contribute $5 million-7 million in revenue in 2022 and immediately add to Applied UV's earnings per share.

AUVI, currently at $7.48, has traded in the range of $4.52- $35.78 in the past 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3229122/applied-uv-rallies-14-completes-acquisition-of-kes-science-technology-and-jjs-technologies.aspx)

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