BOXL News & Events

Boxlight announced that its board of directors has approved a 1-for-6 reverse stock split of Boxlight's Class A common stock, par value $0.0001 per share. The reverse stock split is intended to increase the closing bid price of the company's Class A common stock above $1.00 per share, and to enable the company to manage continued compliance with Nasdaq Listing Rule 5550. The reverse stock split will become effective at 5:00 p.m. Eastern Time on December 22 and the Class A common stock will open for trading on Nasdaq on a reverse split-adjusted basis on December 23 under the existing trading symbol (BOXL).

Boxlight announced that it has regained compliance with Nasdaq for continued listing and that its stock will continue to trade on Nasdaq Stock Market.

Boxlight announced the election of two independent directors to its Board of Directors, restoring compliance with Nasdaq majority-independent board listing requirements, as well as appointing an Audit Committee Chair. The Board elected Carine Clark and Peter Fittin to serve as directors with terms expiring at the Company's 2026 annual meeting of shareholders and determined that each of Clark and Fittin qualifies as an independent director under Nasdaq listing standards. Clark has been appointed to serve as the Audit Committee Chair, as well as a member of the Nominating and Governance Committee, while Fittin was appointed to serve as a member of both the Audit Committee and the Compensation Committee. In addition, on August 14, 2025, Michael Pope, a non-executive director, was appointed Chairman of the Board, and the Board reappointed James Mark Elliott, a former CEO of Boxlight, as a non-executive director of the Company, effective immediately.