ROSEN, A LONGSTANDING FIRM, Encourages Elauwit Connection, Inc. Investors to Inquire About Securities Class Action Investigation - ELWT

ROSEN, A LONGSTANDING FIRM, Encourages Elauwit Connection, Inc. Investors to Inquire About Securities Class Action Investigation - ELWT

If you purchased Elauwit securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=55125 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

On February 27, 2026, during market hours, Elauwit filed a Current Report with the Securities and Exchange Commission on Form 8-K announcing non-reliance on "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 report stated "an error specific to network construction project revenue recognition during the first nine months of 2025," and the "restatement originates from work done by a third-party national accounting firm hired by the Company to assist in its accounting work prior to and immediately following its initial public offering; it did not involve any intentional misconduct with respect to the Company, its management or employees."

On this news, Elauwit's stock price fell $0.52 per share, or 6.8%, to close at $7.12 per share on March 2, 2026.