EX-99.1 2 tm2614501d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Elauwit Connection, Inc. Delivers 29 Percent Increase in Contracted Units, Larger Sales Pipeline in First Quarter 2026 Billed Units Increase 114% Year-Over-Year New Sales Team Driving Expanded Sales Opportunities, ~40 Verbal Awards to Date in 2026 COLUMBIA, SC, May 14, 2026 - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit," the "Company," “we,” or “our”), a national managed services provider of turnkey broadband and property-wide WiFi networks serving multifamily, student housing, and senior living communities, today reported financial results for the first quarter ended March 31, 2026. Said Dan McDonough, Executive Chairman, “Elauwit is delivering on its 2026 growth plans as we ramp our sales team, drive recurring service revenue and execute on our sales pipeline to bring new properties to our platform. Our new sales organization, established in the first quarter, has secured verbal awards on approximately 40 new properties already this year, representing more than 11,000 units across 14 different ownership groups, plus a robust pipeline of additional opportunities with these ownership groups and others. We bel…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Elauwit Connection, Inc.
ELWTNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On May 14, 2026, Elauwit Connection, Inc. (the “Company”) issued a press release to report financial results for the quarter ended March 31, 2026. The Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Company context
We are a provider of broadband Internet networks for the multifamily and student housing property sector. We provide Managed Services and Network-as-a-Service solutions designed to modernize and enhance the Internet connectivity experience for residents while driving significant financial benefits for property owners.
Current securities
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition.
On
May 14, 2026, Elauwit Connection, Inc. (the “Company”) issued a press release to report financial results for the quarter
ended March 31, 2026. The Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The
information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under
such section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933,
as amended, or the Exchange Act.