Elauwit closes partial over-allotment option, raising additional $0.6M at $9.00/share

Elauwit Connection, Inc.

Closed sale of 68,989 additional shares at $9.00/share for $0.6M gross proceeds.
Total IPO gross proceeds now approximately $15.6M including over-allotment.
Craig-Hallum Capital Group acted as sole bookrunner for the offering.
Over-allotment shares sold on November 24, 2025 on a firm commitment basis.
IPO registration statement (File No. 333-289964) became effective November 2, 2025.

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