Columbia, South Carolina--(Newsfile Corp. - November 18, 2025) - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit" or the "Company"), a national managed services provider delivering turnkey broadband and property-wide WiFi networks for multifamily and student housing communities, today announced the appointment of Sebastian Shahvandi as Chief Growth Officer, effective as of November 6, 2025.Shahvandi brings more than two decades of executive experience in scaling technology, telecom, and enterprise servic ...

Elauwit Connection's Leadership Team to Attend NMHC OPTECH 2025 in Las VegasCompany celebrates publicly-traded debut with new growth leadership and community focusNovember 14, 2025 8:00 AM EST | Source: Elauwit Connection, Inc.Columbia, South Carolina--(Newsfile Corp. - November 14, 2025) - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit" or the "Company"), a national managed services provider delivering turnkey broadband and property-wide WiFi networks for multifamily and student housing co ...

Elauwit to Participate in the Craig Hallum Alpha Select Conference November 18November 13, 2025 9:00 AM EST | Source: Elauwit Connection, Inc.Columbia, South Carolina--(Newsfile Corp. - November 13, 2025) - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit" or the "Company") today announced that Dan McDonough, Jr., executive chairman, will participate in the Craig Hallum 16th Annual Alpha Select Conference to be held on Tuesday, November 18, 2025 in New York.To request a 1x1 meeting with manag ...

Core Points - WidePoint Corporation has been awarded a five-year contract by the U.S. Army under the Navy Spiral 4 Contract vehicle, with a total value exceeding $1.25 million if all options are exercised [2][3] - This contract marks WidePoint's eighth award under the Spiral 4 initiative and is the company's first contract for paging solution management [3] Company Overview - WidePoint Corporation is a federally certified provider of Trusted Mobility Management (TM2) solutions, focusing on securing and protecting the mobile workforce and enterprise landscape [4] - The company offers a range of technology solutions, including Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, IT as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS) [4] Contract Details - The new contract includes a one-year base period and four one-year option periods, indicating a long-term partnership with the U.S. Army [2] - WidePoint will provide a comprehensive and secure alpha-numeric paging system along with managed mobility services, addressing the unique mobility and security challenges faced by the federal government [3][5]

Company Overview - Elauwit Connection, Inc. is a national managed services provider that specializes in designing, building, and operating premium broadband and property-wide WiFi networks for multifamily and student housing communities [5] - The company focuses on service quality, reliability, and measurable asset value, enabling property owners to provide always-on connectivity as a modern amenity and a source of recurring net operating income (NOI) growth [5] Initial Public Offering (IPO) Details - Elauwit announced the closing of its initial public offering, selling an aggregate of 1,667,000 shares of common stock at a price of $9.00 per share, resulting in gross proceeds of approximately $15.0 million before deductions [1] - The shares began trading on the Nasdaq Capital Market under the ticker symbol "ELWT" on November 5, 2025 [2] - Craig-Hallum Capital Group LLC acted as the sole bookrunner for the offering, while Harter Secrest & Emery LLP and Pryor Cashman LLP served as legal counsel for the company and underwriters, respectively [2] Regulatory Filings - A registration statement on Form S-1 related to the common stock was filed with the U.S. Securities and Exchange Commission (SEC) on August 29, 2025, and became effective on November 2, 2025 [3] - The offering was conducted solely by means of a prospectus, which can be accessed through the SEC's website or obtained from Craig-Hallum Capital Group LLC [3]

Group 1 - WidePoint Corporation has been awarded a new Cellular Wireless Managed Services (CWMS) 2.0 Task Order to provide managed mobility services for 30,000 cellular lines for U.S. Customs & Border Protection (CBP) [1] - The task order includes a performance period of one base year and an option period extending through December 2026 [1]

Core Points - Elauwit Connection, Inc. has announced the launch of its initial public offering (IPO) of up to 1,725,000 shares of common stock, with an additional 225,000 shares available for underwriters [1] - The net proceeds from the offering will be utilized for debt repayment, project deployments, sales and marketing development, payment of deferred compensation, working capital, and general corporate purposes [1] - Elauwit has applied to list its common stock on the Nasdaq Stock Market under the ticker symbol "ELWT" [1] - Craig-Hallum Capital Group LLC is the sole book-running manager for the offering [1] Company Overview - Elauwit Connection is a managed services provider that operates in 25 states, offering turnkey internet and connectivity solutions for multifamily and student housing markets [4] - The company focuses on service quality, reliability, and revenue generation, enabling real estate owners to deliver premium connectivity as a competitive advantage [4]

Core Viewpoint - FG Nexus announced the approval of a distribution payment of $10 per contingent value right (CVR) to be initiated on September 17, 2025, marking the first cash distribution from the CVR Trust [2][3]. Group 1: Distribution Details - The initial cash distribution from the CVR Trust is the first of potential additional distributions expected over time [3]. - Future distributions may be made in cash or in-kind securities as the CVR Trust works to monetize and distribute proceeds from its asset liquidation [4]. Group 2: CVR Trust Management - The CVR Trust was established by FG Nexus on August 8, 2025, and is managed by a committee that includes D. Kyle Cerminara and Larry G. Swets, focusing on asset liquidation and monetization over the next three years [6]. - The CVR Trust holds various assets, including cash, the net assets of Strong Technical Services, and equity interests in multiple companies [4]. Group 3: CVR Holder Information - Beneficial holders of CVRs will receive distribution payments directly through their bank or broker, while registered holders will receive payments via US mail [5]. - The CVRs are not transferable, will not be certificated, and will not be listed for trading on any exchange [6].

Core Insights - Uniserve Communications Corporation has entered into an Offer to Lease for a new data centre in Vancouver, aiming to enhance its AI infrastructure capabilities [1][4] - The facility will occupy 10,000 square feet and will be designed to support a 2 Megawatt power capacity, with a total budget of $12 million [2][3] - The lease agreement is for a 10-year term, indicating Uniserve's long-term commitment to expanding Canadian compute capacity [3] Financial Details - The landlord is providing a $1 million lease inducement and a $1 million forgivable loan, which is tied to the issuance of 1 million warrants convertible into common shares at $0.60 each [3] - The estimated cost for the first phase of the facility buildout is approximately $6.5 million [3] Strategic Importance - The new facility is positioned as a cornerstone in Uniserve's national data centre expansion strategy, with plans for additional projects in key Canadian markets [4] - The expansion is aimed at providing Canadian businesses with secure and scalable AI infrastructure, reinforcing Uniserve's role in the national AI economy [4] Regulatory Context - The transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval due to its market capitalization impact [5]

Summary of WidePoint (WYY) Conference Call - August 19, 2025 Company Overview - **Company**: WidePoint Corporation (Ticker: WYY) - **Industry**: Managed service provider, focusing on mobility management, cybersecurity, and data analytics for the US federal government and commercial customers [1][3] Core Services - **Mobility as a Service (MaaS)**: A SaaS model providing integrated services including: - **Identity Management**: Secure multifactor authentication, certified for federal zero trust architecture [5][6] - **Managed Mobility Solutions**: Comprehensive support for mobile technology assets throughout their lifecycle [6] - **Data Analytics**: Visibility into asset usage, location, and costs [6] - **IT as a Service**: Outsourced management of IT infrastructure, including cybersecurity [7] Key Business Opportunities - **CWMS 3.0 Contract**: - Represents approximately **60% of revenues** and is the largest contract for WidePoint [10] - The company has a strong position due to facility security clearance and FedRAMP authorization, which competitors lack [11][12] - The final RFP is expected soon, with contract award anticipated by September [14][15] - Current CWMS 2.0 contract expires in November 2025, with task orders extending to November 2026 [15] - **Mobile Anchor Product**: - Enhances identity and access management by placing digital certificates on mobile devices [18][20] - Recent contract wins include the Department of Energy and a Fortune 100 defense contractor [21][22] - **Navy Spiral 4 Contract**: - Total contract value is **$2.7 billion**, with WidePoint positioned as a non-carrier provider [28][30] - Revenue from this contract is expected to ramp up in Q3 2025 [29] - **Device as a Service (DaaS)**: - Significant opportunities in the commercial sector, with a focus on Fortune 100 companies [34][37] - The company is exploring large SaaS deals and partnerships, including with CDW for the LA Olympics [38][39] Financial Insights - **Contract Backlog**: Approximately **$260 million**, expected to decrease as CWMS 2.0 concludes, but will build again with CWMS 3.0 [44] - **Revenue Growth**: - Current CWMS 2.0 contract is valued at **$750 million**; CWMS 3.0 is projected at **$3 billion** over ten years [46] - Gross margins for non-carrier revenue are around **33-34%**, with a goal to reach **50%** by 2027 [63] Operational Efficiency - **Staffing and Operating Leverage**: - New contracts will not require proportional staffing increases, allowing for improved operating leverage [78] - The company has sufficient cash reserves (approximately **$7 million** as of June) and no debt, with a projected cash balance of over **$10 million** by year-end [80][82] M&A Strategy - **Acquisition Criteria**: - Focus on established companies in mobility, cybersecurity, and data analytics that are EBITDA positive [90][92] - The company is not actively seeking acquisitions but remains open to opportunities that align with its operations [89] Conclusion - WidePoint is well-positioned for growth with significant contracts in the pipeline, a strong service offering in mobility management, and a focus on operational efficiency and strategic partnerships. The company aims to enhance its market position while maintaining a healthy financial outlook.