Core Points - Elauwit Connection (ELWT.US) went public on NASDAQ with an IPO price of $9 per share, at the lower end of the previously announced range of $9-$11 [1] - The company issued 1.7 million shares, raising a total of $15 million [1] - On its first day of trading, the stock fell by 20%, closing at $7.20 [1] Company Overview - Elauwit Connection is a provider of broadband internet networks for the multi-family and student housing sectors, offering management services and network-as-a-service solutions [1] - The company aims to enhance the internet connectivity experience for residents [1] - Founded in 2019 and headquartered in Columbia, South Carolina, the company reported projected revenue of $17 million for the 12 months ending June 30, 2025 [1]