secwatch.observer — SEC 8-K summary
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Issuer:     Boxlight Corp (BOXL)
CIK:        0001624512
Form:       8-K
Filed at:   2026-08-11T20:25:13+00:00
Accession:  0001213900-26-087806
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boxlight raises $7.5M via Series D convertible preferred; enters $15M equity line
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- Sold 937,500 Series D Preferred shares at $8.00/share (20% OID, $10 stated value) for $7.5M aggregate.
- Entered Equity Purchase Agreement for up to $15M over 36 months at 95% of market price.
- Conversion capped at 4.99% beneficial ownership and 19.99% exchange cap unless stockholder approvals obtained.
- Company believes stockholders' equity now exceeds $2.5M Nasdaq minimum; awaits formal determination.
- Placement agents RBW Capital and Dawson James receive 7% cash fee on offering, 2% on ELOC draws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624512/000121390026087806/0001213900-26-087806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624512/000121390026087806/ea0301003-8k_boxlight.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-087806

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