Richard Alder
Richard Alder was released from his position as Chief Operations Officer effective as of June 11, 2026.
Highest-materiality recent filing
Elauwit Q2 revenue down 46% to $2.9M; contracted units up 33% YoY
Net loss widened to $3.1M from $0.9M YoY; adjusted EBITDA loss $3.1M vs $0.7M.
Elauwit Connection appoints Nick Jones CIO/COO (June 15); releases Rick Alder as COO (June 11)
Nick Jones, age 47, appointed CIO and COO effective June 15, 2026.
Elauwit Connection Q1 2026 revenue falls 19% YoY; net loss widens to $2.2M
Revenue of $4.4M down from $5.4M YoY; net loss of $(2.2M) vs $(0.4M) YoY.
Elauwit Connection appoints James Di Bartolo as CFO, replacing Sean Arnette effective April 2, 2026
James Di Bartolo appointed CFO effective April 2, 2026; prior role at Goldman Sachs and Barclays.
Elauwit Connection full-year 2025 revenue rises 154% to $21.6M; net loss $4.2M
Full-year revenue $21.6M, up 154% YoY; recurring service revenue up 151%.
Revenue, gross profit, operating income, and net loss overstated by $1.4M for nine months ended Sept 30, 2025.
Elauwit Q3 revenue jumps 178% to $5.2M; net loss narrows, adjusted EBITDA positive
Total revenue $5.2M (+178% YoY); recurring service revenue up 163%.
Elauwit Connection closes $15M IPO, shares begin trading on Nasdaq under ELWT
Priced IPO of 1,667,000 shares at $9.00, gross proceeds ~$15.0M; underwriters have 45-day over-allotment option for 250,050 additional shares.
Richard Alder was released from his position as Chief Operations Officer effective as of June 11, 2026.
Effective as of June 15, 2026, the Board of Directors of Elauwit Connection, Inc. (the “Company”) appointed Nick Jones, age 47, to serve as the Chief Information Officer and Chief Operating Officer of the Company.
On June 9, 2026, Kyle Huffman, the Chief Accounting Officer of Elauwit Connection, Inc. (the “Company”), notified the Company of his intention to resign from his position effective as of July 10, 2026.
Max materiality 0.90 · Median 0.60 · Most common event earnings