Boxlight regains Nasdaq equity compliance; avoids delisting with $4.8M PIPE

Boxlight Corp

• Panel granted continued listing after hearing on Aug 13, 2026; compliance with Equity Rule ($2.5M) restored.
• Closed $4.8M net from Series D preferred PIPE on Aug 5, 2026; total planned net proceeds ~$6.6M.
• Plans $15M equity line of credit and $2.9M debt-to-equity swap to bolster balance sheet.
• One-year Discretionary Panel Monitor imposed Aug 17, 2026; non-compliance triggers immediate delist process.
• Review request allowed within 15 days ($15k fee); Council may review within 45 days.