Workflow
Elauwit Announces Closing of $15.0 Million Initial Public Offering
Elauwit ConnectionElauwit Connection(US:ELWT) Newsfile·2025-11-07 05:15

Columbia, South Carolina--(Newsfile Corp. - November 6, 2025) - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit" or the "Company") today announced the closing of its initial public offering of an aggregate of 1,667,000 shares of its common stock (the "Offering") at 9.00pershare.ThegrossproceedstoElauwitfromtheOffering,beforedeductingunderwritingdiscountsandcommissionsandestimatedofferingexpensespayablebyElauwit,wereapproximately9.00 per share. The gross proceeds to Elauwit from the Offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by Elauwit, were approximately 15.0 million. The shares began trading on the Nas ...