Recurring Service Revenue Increases 163%Post-IPO Balance Sheet Supports Networking as a Service Implementations, Expands Addressable MarketColumbia, South Carolina--(Newsfile Corp. - December 8, 2025) - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit," the "Company," "we," "us," or "our"), a national managed services provider delivering turnkey broadband and property-wide WiFi networks for multifamily and student housing communities, today reported financial results for the third quarter ended September ...

Columbia, South Carolina--(Newsfile Corp. - December 3, 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 that it will release third quarter 2025 financial results on Monday, December 8, 2025, after the market close. Additionally, Elauwit's management will host a live webcast conference call at 4:30 p.m. Eastern Time t ...

Core Viewpoint - Elauwit Connection, Inc. has successfully closed the sale of an additional 68,989 shares as part of the underwriter's partial exercise of its over-allotment option in connection with its initial public offering, raising an additional $0.6 million on top of the previously announced $15.0 million from the IPO [1]. Group 1: Offering Details - The offering was conducted on a firm commitment basis, with Craig-Hallum Capital Group LLC serving as the sole bookrunner [2]. - The registration statement for the offering was filed with the U.S. Securities and Exchange Commission and became effective on November 2, 2025 [3]. Group 2: Company Overview - Elauwit 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 growth [5].

Core Insights - Elauwit Connection, Inc. has appointed Sebastian Shahvandi as Chief Growth Officer, effective November 6, 2025, to drive growth and market expansion [1][4] Company Overview - Elauwit is a national managed services provider specializing in turnkey broadband and property-wide WiFi networks for multifamily and student housing communities, focusing on service quality and reliability [6] Leadership Experience - Shahvandi brings over 20 years of executive experience in technology, telecom, and enterprise service organizations, previously serving as CEO of 7SIGNAL, where he repositioned the company for growth [2][3] - His past roles include Senior Vice President of Growth at IDeaS Revenue Solutions and Chief Revenue Officer at Hypori, where he achieved significant annual recurring revenue (ARR) growth [3] Strategic Focus - At Elauwit, Shahvandi will oversee sales, marketing, and strategic partnerships, aiming to unify customer growth strategies and enhance national market expansion [4] - His initiatives will include optimizing the company's go-to-market engine and developing capital-aligned programs for property owners to implement next-generation connectivity [4] Executive Commentary - CEO Barry Rubens emphasized Shahvandi's proven ability to scale revenue organizations and transform businesses, which will be crucial for Elauwit’s accelerated expansion [5] - Shahvandi expressed enthusiasm for leveraging Elauwit’s technical excellence and financial discipline to create new opportunities for property owners and investors [5]

Core Insights - Elauwit Connection, Inc. is celebrating its publicly-traded debut and is focusing on growth and community engagement as it attends the NMHC OPTECH 2025 Conference in Las Vegas [1][2] Group 1: Company Overview - Elauwit is a national managed services provider specializing in turnkey broadband and property-wide WiFi networks for multifamily and student housing communities [4] - The company emphasizes service quality, reliability, and measurable asset value, enabling property owners to provide continuous connectivity as a modern amenity and a source of recurring net operating income (NOI) growth [4] Group 2: Conference Participation - Elauwit’s leadership team will participate in the NMHC OPTECH Conference & Expo from November 16 to November 18, 2025, at the MGM Grand in Las Vegas [1] - The focus during the conference will be on building relationships, exchanging ideas, and exploring collaborative opportunities to enhance connectivity, resident experience, and property performance [2] Group 3: Leadership Statements - Sebastian Shahvandi, the newly appointed Chief Growth Officer, highlighted the importance of engaging with forward-thinking leaders in the multifamily sector to discuss technology that improves operations and resident satisfaction [3] - Elauwit is inviting attendees to visit their booth for networking opportunities, including a drink cart hosted in collaboration with Cambium Networks [3][4]

Core Viewpoint - Elauwit Connection, Inc. will participate in the Craig Hallum 16th Annual Alpha Select Conference on November 18, 2025, in New York, with Dan McDonough, Jr. as the representative [1]. Company Overview - Elauwit is a national managed services provider specializing in designing, building, and operating premium broadband and property-wide WiFi networks for multifamily and student housing communities [3]. - The company emphasizes service quality, reliability, and measurable asset value, enabling property owners to provide continuous connectivity as a modern amenity and a source of recurring Net Operating Income (NOI) growth [3].

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]