regulatory
confidence high
sentiment positive
materiality 0.75
Boxlight regains Nasdaq listing compliance, avoids delisting after reverse split
Boxlight Corp
- Boxlight executed a 1-for-5 reverse stock split on Feb 14, 2025 to regain Nasdaq's $1.00 minimum bid price compliance.
- Nasdaq notified Boxlight on Feb 25, 2025 that it failed to comply by deadline; trading suspension set for March 4, 2025.
- As of March 3, 2025, Boxlight's stock had traded above $1 for 10 consecutive days; Nasdaq cancelled delisting and confirmed compliance.
- Boxlight will continue trading on Nasdaq under its existing symbol BOXL.