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Recent Updates — BOXL

September 14, 2026View Source ↗

Boxlight Corporation received a written decision from the Nasdaq Hearings Panel on September 2, 2026, confirming regained compliance with Listing Rule 5550(b)(1) regarding minimum stockholders' equity. The company was granted continued listing status following a hearing on August 13, 2026, where it presented a compliance plan that included a PIPE transaction yielding approximately $6.6 million in net proceeds and an anticipated $15 million equity line of credit. Tranche One of the Series D Convertible Preferred Stock Financing closed on August 5, 2026, raising $4.8 million net of fees. Nasdaq imposed a one-year Discretionary Panel Monitor effective August 17, 2026; during this period, any further compliance failure will result in immediate delisting without cure periods. Boxlight Corporation operates in the technology sector, specializing in interactive displays and digital signage solutions.

August 25, 2026View Source ↗

Boxlight Corporation entered into two amendments to its inventory finance agreement with related party J.J. Astor & Co., converting a total of $167,965.93 in debt into 67,290 shares of common stock at a conversion price of $2.49615 per share. The Second Amendment on August 17, 2026, converted $75,608.38, and the Third Amendment on August 19, 2026, converted $92,357.55. J.J. Astor is controlled by Michael Pope, the company's chairman and principal executive officer. Boxlight Corporation designs, manufactures, and distributes interactive displays and educational technology solutions.

August 12, 2026View Source ↗

Boxlight Corporation reported second quarter 2026 financial results, posting revenue of $25.9 million, a 16.0% decrease from the prior year period. The company achieved gross profit margin expansion to 49.8%, driven by a $2.8 million tariff refund that reduced cost of revenues. Net income turned positive at $0.5 million compared to a net loss of $(4.7) million in the prior year, resulting in earnings per share of $0.34 versus a $(55.00) loss previously. Adjusted EBITDA increased by $3.0 million on a constant currency basis to $4.1 million. The company ended the quarter with $4.3 million in cash and completed an equity raise of $4.8 million in August 2026, using proceeds to repay approximately $2.25 million in WhiteHawk debt principal and regain compliance with Nasdaq’s minimum stockholders’ equity requirement. Boxlight Corporation operates in the interactive technology solutions industry, providing integrated hardware and software for education and business environments.

August 11, 2026View Source ↗

Boxlight Corporation entered into a Securities Purchase Agreement on August 5, 2026, to sell 937,500 shares of Series D Convertible Preferred Stock at $8.00 per share for aggregate gross proceeds of $7.5 million. The preferred stock carries a stated value of $10.00 and is convertible into Class A Common Stock subject to an exchange cap of 19.99% absent specific stockholder approvals, which include authorization for a reverse stock split of up to 500:1. Concurrently, the company established a $15 million equity line of credit with an investor, requiring a $150,000 commitment fee payable in common shares or pre-funded warrants. The transaction includes registration rights and lock-up agreements for insiders. Boxlight Corporation operates in the technology sector, providing interactive display solutions.

August 4, 2026View Source ↗

Boxlight Corporation announced that Chief Financial Officer Ryan Zeek voluntarily resigned effective August 17, 2026, with transition support continuing through September 30, 2026. The Board appointed Jennifer Grabow as interim CFO effective August 16, 2026. Ms. Grabow receives an annual salary of $210,000 and is eligible for a quarterly performance-based bonus equal to 6.25% of her base salary. She previously served as the company's controller from 2021 to 2025. Boxlight Corporation operates in the technology industry, specializing in interactive displays and visual communication solutions.

July 29, 2026View Source ↗

Boxlight Corporation shareholders approved an amendment to increase authorized Class A common stock from the previous amount to 55,000,000 shares at a reconvened annual meeting held on July 23, 2026. The proposal received 254,931 votes in favor against 69,424 opposed, with approximately 48.7% of eligible votes cast. The company filed a Certificate of Amendment with the Nevada Secretary of State on July 27, 2026, to effectuate this change. This action provides corporate flexibility for future strategic objectives and potential equity issuances. Boxlight Corporation operates in the education technology industry, developing and selling interactive displays, instructional software, and classroom communication solutions.