secwatch.observer — SEC 8-K summary
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Issuer:     Boxlight Corp (BOXL)
CIK:        0001624512
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001104659-24-030543
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Boxlight receives Nasdaq delisting notice for bid price non-compliance; 180-day cure period until Aug 26, 2024
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- Nasdaq notified Boxlight on Feb 28, 2024 that closing bid price was below $1 for 30 consecutive business days.
- Company has 180 days (until Aug 26, 2024) to regain compliance by having bid price at least $1 for 10 consecutive days.
- If not compliant by Aug 26, Boxlight may seek a second 180-day period by meeting other listing standards and intending to cure via reverse stock split.
- Boxlight's common stock continues to trade on Nasdaq during the compliance period.
- Company is evaluating options including a potential reverse stock split to cure the deficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624512/000110465924030543/0001104659-24-030543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624512/000110465924030543/tm247870d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-030543

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