Cerith LLC Takes 11.3% Stake in Elauwit

Cerith LLC has disclosed a significant passive stake in Elauwit Connection, Inc. common stock.

Accepted by SEC EDGAR 02/17/2026 - 02:52 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Cerith LLC has disclosed a significant passive stake in Elauwit Connection, Inc. common stock. The firm reports beneficial ownership of 750,000 shares, representing 11.3% of the company’s common stock. This percentage is based on 6,619,796 shares outstanding as of December 10, 2025, as referenced from Elauwit’s Form 10-Q.

Cerith LLC states it holds sole voting and sole dispositive power over all 750,000 shares, with no shared voting or dispositive power. The filing is made on a passive basis, with a certification that the securities were not acquired to change or influence control of Elauwit Connection, Inc.

Insights

Equity ownership and governance analyst

A new passive 11.3% holder emerges in Elauwit.

Cerith LLC reports owning 750,000 Elauwit Connection, Inc. common shares, equal to 11.3% of the class, with sole voting and dispositive power. The ownership percentage is calculated against 6,619,796 shares outstanding from the issuer’s Form 10-Q.

The filer certifies that the position is not intended to change or influence control, aligning with a passive Schedule 13G stance. This indicates an investment-focused holding rather than an activist or control-seeking strategy, based on the disclosure language.

Any future change in percentage ownership or a shift from a passive 13G to an activist 13D status would typically appear in subsequent beneficial ownership filings for periods after November 2, 2025, when the reported event occurred.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of Elauwit Connection, Inc. (ELWT) does Cerith LLC own?

Cerith LLC reports beneficial ownership of 11.3% of Elauwit Connection, Inc.’s common stock. This equals 750,000 shares, calculated against 6,619,796 shares outstanding as of December 10, 2025, as referenced from the company’s Form 10-Q filing.

How many Elauwit (ELWT) shares are beneficially owned by Cerith LLC?

Cerith LLC beneficially owns 750,000 shares of Elauwit Connection, Inc. common stock. The filing states Cerith has sole voting and sole dispositive power over these shares, with no shared voting or dispositive power reported in the ownership breakdown.

Is Cerith LLC’s stake in Elauwit (ELWT) passive or activist?

Cerith LLC’s stake is disclosed as passive under a Schedule 13G filing. The filer certifies the securities were not acquired and are not held to change or influence control of Elauwit, nor in connection with any control-seeking transaction, apart from limited nomination-related activities.

What ownership powers does Cerith LLC have over its Elauwit (ELWT) shares?

Cerith LLC reports sole voting power over 750,000 Elauwit shares and sole dispositive power over the same amount. The filing shows zero shared voting power and zero shared dispositive power, indicating centralized control of voting and sale decisions within Cerith LLC.

On what share count is Cerith LLC’s 11.3% Elauwit (ELWT) ownership based?

The 11.3% figure is calculated using 6,619,796 Elauwit common shares outstanding. This outstanding share number is taken from Elauwit Connection, Inc.’s Form 10-Q for the quarter ended September 30, 2025, which reported 6,619,796 shares outstanding as of December 10, 2025.

When did Cerith LLC’s reportable ownership event in Elauwit (ELWT) occur?

The reportable ownership event occurred on November 2, 2025. That date triggers the obligation to file the beneficial ownership report, documenting Cerith LLC’s 750,000-share, 11.3% position in Elauwit Connection, Inc. common stock as of the specified event date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Elauwit Connection, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

28417M109

(CUSIP Number)

11/02/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 28417M109

1

Names of Reporting Persons

MAXIM CERITH LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 750,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 750,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

750,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.3 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Percentage calculated based on 6,619,796 shares of Common Stock outstanding on December 10, 2025, as reported in the Form 10-Q filed by the Issuer for the quarter ended September 30, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Elauwit Connection, Inc.
(b)	Address of issuer's principal executive offices: 1700 Alta Vista Drive, Suite 130, Columbia, SC 29223
Item 2.
(a)	Name of person filing: Maxim Cerith LLC
(b)	Address or principal business office or, if none, residence: 300 PARK AVENUE, 16TH FLOOR NEW YORK, NY 10022
(c)	Citizenship: New York
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 28417M109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 750,000
(b)	Percent of class: 11.3%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 750,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 750,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

MAXIM CERITH LLC

Signature:	/s/ Cliff Teller
Name/Title:	Reporting Person
Date:	02/17/2026