Neutral
Newsfile Corp
1 month ago
Elauwit Connection, Inc. Announces Launch of Initial Public Offering
Columbia, South Carolina--(Newsfile Corp. - September 30, 2025) - Elauwit Connection, Inc. ("Elauwit" or "Elauwit Connection"), a managed services provider for multifamily and student housing markets that has provided services in 25 states, today announced that it has commenced its proposed initial public offering of up to 1,725,000 shares of its common stock, which includes a 45-day option for the underwriters to purchase up to 225,000 shares of common stock. Elauwit intends to use the net proceeds from the offering for debt repayment, project deployments, sales and marketing organizational development, payment of deferred compensation, working capital and general corporate purposes.