SCHEDULE: Maxim Cerith Discloses 11.3% Stake in Elauwit Connection

Maxim Cerith LLC has reported a passive 11.3% beneficial ownership stake in Elauwit Connection, Inc., holding 750,000 shares of common stock.

Summary

• Maxim Cerith LLC beneficially owns 750,000 shares of Elauwit Connection, Inc. common stock.
• This represents an 11.3% stake in the company's common stock.
• The percentage is calculated based on 6,619,796 shares outstanding as of December 10, 2025, as reported in Elauwit Connection, Inc.'s Form 10-Q for the quarter ended September 30, 2025.
• Maxim Cerith LLC holds sole voting and dispositive power over all 750,000 shares.
• The securities were not acquired for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, as a significant passive investment by an institutional entity like Maxim Cerith LLC can imply confidence in Elauwit Connection, Inc.'s value, without indicating an intent to disrupt management.

Positives

• A significant institutional investor, Maxim Cerith LLC, has taken an 11.3% stake, potentially signaling confidence in Elauwit Connection, Inc.'s long-term prospects.

Negatives

• No specific negative information about Elauwit Connection, Inc. is disclosed in this filing.

Risks

• The filing itself does not detail specific risks related to Elauwit Connection, Inc.'s operations or financial health; it only states the nature of the ownership.

Future Outlook

The filing does not provide any forward-looking statements or guidance from Elauwit Connection, Inc. or Maxim Cerith LLC regarding the issuer's future performance.

Industry Context

StockSavvy.ai notes that the disclosure of a significant passive stake by an entity like Maxim Cerith LLC can sometimes be interpreted by the market as a vote of confidence in the company's long-term prospects, especially when the filing explicitly states the investment is not for control purposes. This type of filing is a standard regulatory disclosure for investors crossing the 5% ownership threshold.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding a significant ownership stake, which can influence market perception and potentially share price.

Key Dates

Keywords

Elauwit Connection, Maxim Cerith LLC, Common Stock, Schedule 13G, Beneficial Ownership, Institutional Investor, Equity Stake, SEC Filing, 28417M109