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Elauwit Connection, Inc. ( (ELWT) ) has shared an announcement.
On November 24, 2025, Elauwit Connection, Inc. announced the closing of the sale of an additional 68,989 shares of its common stock, following the partial exercise of the underwriter’s over-allotment option in connection with its initial public offering. This transaction raised an additional $0.6 million in gross proceeds, supplementing the previously announced $15.0 million from the IPO. The offering was managed by Craig-Hallum Capital Group LLC as the sole bookrunner, with legal counsel provided by Harter Secrest & Emery LLP for the company and Pryor Cashman LLP for the underwriters.
More about Elauwit Connection, Inc.
Elauwit Connection, Inc. is a national managed services provider specializing in the design, construction, and operation of premium broadband and property-wide WiFi networks for multifamily and student housing communities. The company focuses on delivering high-quality, reliable services that enhance property value and provide consistent connectivity as a modern amenity.
Average Trading Volume: 100,018
For a thorough assessment of ELWT stock, go to TipRanks’ Stock Analysis page.