secwatch.observer — SEC 8-K summary
======================================

Issuer:     Boxlight Corp (BOXL)
CIK:        0001624512
Form:       8-K
Filed at:   2023-06-13T23:59:59+00:00
Accession:  0001104659-23-070796
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boxlight approves 1-for-8 reverse stock split to regain Nasdaq bid price compliance
--------------------------------------------------------------------------------

- Reverse split effective 5:01 p.m. ET June 14, 2023; trades split-adjusted under 'BOXL' from June 15.
- Every 8 existing shares become 1 share; authorized shares reduced from 150M to 18.75M.
- Split aims to raise per-share price above $1.00 to meet Nasdaq Listing Rule 5550(a)(2).
- No fractional shares issued; fractional interests rounded up to nearest whole share.
- Proportionate adjustments applied to equity awards, warrants, and convertible preferred conversion rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624512/000110465923070796/0001104659-23-070796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624512/000110465923070796/tm2318483d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-070796

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer