Boxlight expands related-party inventory financing with J.J. Astor to $9M

Boxlight Corp

Amended Inventory Finance Agreement increases maximum from $6M to $9M, a $3M increase.
Company may finance 80% of finished goods inventory; advances due in 90 days at $1.0535 per $0.80.
J.J. Astor can convert amounts owed into Boxlight common stock and require SEC registration.
Michael Pope, Boxlight chairman and former CEO, serves as CEO of J.J. Astor; a related-party transaction.
Agreement term runs through November 3, 2026, unless extended or earlier terminated.

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