Skip to main content

Boxlight Regains Compliance with Nasdaq Listing Requirements

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced that it has regained compliance with Nasdaq for continued listing and that its stock will continue to trade on The Nasdaq Stock Market.

The Company announced that on September 2, 2026, it received a written decision (the “Panel Decision”) from the Nasdaq Hearings Panel (the “Panel”) determining that the Company has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2,500,000 in stockholders’ equity (the “Equity Rule”), and granting the Company’s request for continued listing on The Nasdaq Stock Market (“Nasdaq”). The Panel’s determination followed a hearing held on August 13, 2026, at which the Company presented its compliance plan, including the completion of a PIPE transaction yielding approximately $6.6 million in net proceeds (the “Series D Convertible Preferred Stock Financing”), an anticipated $15 million equity line of credit, and a planned $2.9 million debt-to-equity swap. On August 5, 2026, the Company closed the Tranche One of the Series D Convertible Preferred Stock Financing, raising $4.8 million, net of fees.

Pursuant to Nasdaq Listing Rule 5815(d)(4)(A), the Panel imposed a one-year Discretionary Panel Monitor on the Company, effective August 17, 2026 (the “Monitoring Period”). During the Monitoring Period, if the Listing Qualifications Staff finds the Company out of compliance with any Nasdaq Listing Rule, notwithstanding Rule 5810(c)(2), the Company will not be permitted to provide a compliance plan, Staff will not be permitted to grant additional time for the Company to regain compliance, and the Company will not be afforded an applicable cure or compliance period pursuant to Rule 5810(c)(3). Instead, Staff will issue a Delist Determination Letter, at which time the Company may request a new hearing before the Panel or a newly convened Hearings Panel, and the Company’s securities may be delisted from Nasdaq.

The Company may request review of the Panel Decision by the Nasdaq Listing and Hearing Review Council. A written request for review must be received within 15 calendar days from the date of the Panel Decision, subject to a $15,000 fee. Additionally, the Nasdaq Listing and Hearing Review Council may, on its own motion, determine to review the Panel Decision within 45 calendar days after issuance of the written decision.

About Boxlight Corporation

Boxlight Corporation (Nasdaq: BOXL) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch®, FrontRow™ and Mimio®. Boxlight aims to improve engagement and communication in diverse business and education environments. Boxlight develops, sells, and services its integrated solution suite including interactive displays, collaboration software, audio solutions, supporting accessories, and professional services. For more information about Boxlight and the Boxlight story, visit http://www.boxlight.com, https://www.clevertouch.com and https://www.gofrontrow.com.

Forward Looking Statements

This press release may contain information about Boxlight’s view of its future expectations, plans and prospects that constitute forward-looking statements, including the information regarding finalization of a waiver with the Company’s lender. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to: our ability to continue operating as a going concern; our ability to comply with certain covenants, minimum liquidity and borrowing base requirements under our existing credit agreement, or to obtain waivers of compliance; our ability to maintain a listing of our Class A common stock; changes in the sales of our display products; seasonality; changes in our working capital requirements and cash flow fluctuations; competition; our ability to enhance our products and to develop, introduce and sell new technologies and products at competitive prices and in a timely manner; our reliance on resellers and distributors; the success of our strategy to increase sales in the business and government market; changes in market saturation for our products; challenges growing our sales in foreign markets; our dependency on third-party suppliers; our ability to enter into and maintain strategic alliances with third parties; our ability to keep pace with technology; changes in the spending policies or budget priorities for government funding of schools, colleges, universities, other education providers or government agencies. Boxlight encourages you to review other factors that may affect its future results and performance in Boxlight’s filings with the Securities and Exchange Commission, including under the heading “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2023, as filed on March 14, 2024, and any updated to those risk factors in Boxlight’s subsequently filed Quarterly Reports on Form 10-Q. Given these factors, risks and uncertainties, we caution you not to place undue reliance on forward-looking statements. We expressly disclaim any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  253.54
-3.24 (-1.26%)
AAPL  333.08
+0.81 (0.24%)
AMD  493.41
-22.72 (-4.40%)
BAC  59.47
-3.22 (-5.14%)
GOOG  345.71
+10.26 (3.06%)
META  665.60
+17.57 (2.71%)
MSFT  505.41
+9.78 (1.97%)
NVDA  210.96
-7.33 (-3.36%)
ORCL  144.79
-5.49 (-3.65%)
TSLA  358.97
-6.47 (-1.77%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.