other material
confidence high
sentiment neutral
materiality 0.40
Boxlight files 8-K/A revising Series D consent; Series E preferred ($850K) barred from conversion until Series D clears
Boxlight Corp
- Revised Series D Consent, executed Oct 9, 2026 and effective Sept 30, 2026, replaces in its entirety the consent filed in the Oct 6, 2026 Form 8-K.
- Series E Preferred: 106,250 shares at $10.00 stated value sold to J.J. Astor & Co. for $850,000; it ranks junior to the Series D Preferred.
- Series E shares cannot convert until all Series D Preferred is converted/cancelled or a Series D resale registration is effective and Required Stockholder Approvals obtained.
- Registration of Series E Conversion Shares is restricted until Series D shares are registered; any premature conversion is null and void ab initio.
- Consenting Series D holders: Secure Net Capital 616,444 shares, Shakawe Capital 241,402, ClearThink Capital Partners 62,500; Chairman Michael Pope is J.J. Astor's CEO.