Elauwit Connection Debuts on Nasdaq, Raises $15M
Update: 2025-11-05
Description
Elauwit Connection, a managed services provider specializing in premium broadband and WiFi networks for multifamily and student housing, made its Nasdaq debut on November 5th, with shares priced at $8.75, slightly below the initial public offering price of $9. The company aims to use the $15 million in gross proceeds from the offering to repay debt, fund new projects, strengthen its sales and marketing organization, and improve its overall financial position.
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