secwatch / observer
8-K filed February 27, 2026, 6:59 PM ET ticker ELWT CIK 0002063863
other material confidence high sentiment negative materiality 0.80

Elauwit Connection restates Q3 2025 financials due to revenue recognition errors; $1.4M overstatement

Elauwit Connection, Inc.

Machine-readable event card

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secwatch.filing_event.v1
accession
0001104659-26-021078
form_type
8-K
ticker
ELWT
cik
0002063863
company_name
Elauwit Connection, Inc.
filed_at
2026-02-27T23:59:59+00:00
discovered_at
2026-05-14T18:02:37.138703+00:00
generated_at
2026-05-15T23:16:17.384112+00:00
sec_items
["4.02", "7.01", "9.01"]
event_type
other_material
sentiment
negative
materiality_score
0.8
calibrated_materiality_score
0.8
confidence
high
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https://secwatch.observer/filing/0001104659-26-021078.json
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text_url
https://secwatch.observer/filing/0001104659-26-021078.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/2063863/000110465926021078/0001104659-26-021078-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/2063863/000110465926021078/tm267477d1_8k.htm
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deepseek-v4-flash:cloud@v2
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Source-grounded claims

2139d633e9ef7f8effe8fbec70e80fa5d9907b28

Elauwit Connection, Inc. reported that prior financial statements should not be relied upon.

On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

SEC 8-K Item 4.01/4.02 confidence 0.9 SEC evidence

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This filing

On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

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management determined that certain previously issued financial statements contained in the Company’s previously filed Annual Report on Form 10 for the fiscal year ended December 31, 2025, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, should no longer be relied upon.

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On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

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the audit committee of the board of directors of the Company (the “Audit Committee”) was made aware of and, after discussion with senior management of the Company, concluded that the Company’s previously issued (i) audited consolidated financial statements for the fiscal year ended March 31, 2024, included in the Company’s Annual Report on Form 10-K for such fiscal year (the “2024 10-K”), (ii) audited consolidated financial statements for the fiscal year ended March 31, 2025, included in the Company’s Annual Report on Form 10-K for such fiscal year (the “2025 10-K”) and (iii) unaudited consolidated financial statements for the quarterly periods ended September 30, 2023, December 31, 2023, June 30, 2024, September 30, 2024, December 31, 2024, June 30, 2025, September 30, 2025, and December 31, 2025, included in the Company’s Quarterly Reports on Form 10-Q for such quarterly periods (collectively, the “Prior Financial Statements”), should no longer be relied upon

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On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

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PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.

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same fact type: auditor_change same SEC item: 4.02, 9.01 same event type: other_material similar materiality

This filing

On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

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This filing

On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

Comparable filing

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On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

Comparable filing

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Filing page SEC filing

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On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

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On February 25, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of Elauwit Connection, Inc. (the “Company”), after discussion with management, determined that the Company’s previously issued interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed on December 10, 2025 (the “Previous Filing”), should no longer be relied upon

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ments contained in Integrität’s correspondence. Except as expressly set forth herein, this Amendment does not amend, update, or change any other items or disclosures contained in the Original Report.

Filing page SEC filing

Source: SEC EDGAR
accession 0001104659-26-021078

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