other material
confidence high
sentiment neutral
materiality 0.60
Boxlight enters ATM equity facility for up to $4.8M with A.G.P./Alliance Global Partners
Boxlight Corp
- Company may sell up to $4,800,000 of Class A common stock through A.G.P./Alliance Global Partners as sales agent.
- Agent will receive a fixed commission of 3.0% of gross proceeds from any shares sold; company reimburses agent expenses up to $60,000.
- Sales will be made in 'at the market' offerings under existing effective shelf registration statement (File No. 333-284493).
- Company has no obligation to sell any shares and may suspend or terminate the offering at any time.
- Offering terminates upon full issuance, three years from shelf effectiveness, or termination of the agreement.