Boxlight Corp (BOXL): Nasdaq/NYSE listing notice — Director Jackson resigns, Boxlight noncompliant with Nasdaq audit committee rule; 180-day cure period

Boxlight Corp

R. Wayne Jackson (67) resigned as director on May 23, 2025 for personal reasons; no disagreement with company.
Resignation triggers noncompliance with Nasdaq Rule 5605(c)(2)(A) requiring three-member audit committee with financial expert.
Company has 180 days until Nov 19, 2025 to cure by recruiting a qualified director for audit committee.
Company expects to recruit but no guarantee of compliance; potential delisting risk if not cured.

item 5.02 item 3.01

Executive movements

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Departed

R. Wayne Jackson

director

BOXL · Boxlight Corp

Effective: 2025-05-23
Filed: May 30, 2025, 7:59 PM ET

On May 23 2025, R. Wayne Jackson, 67, resigned as a director of Boxlight Corporation (the “Company”) for personal reasons.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Boxlight Corp received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: audit committee
Rules: 5605(c)(2)(A)

Exact text from the filing

Jackson’s resignation, the Company is not in compliance with Nasdaq Rule 5605(c)(2)(A), which requires, among other things, that audit committees have at least three members and that at least one member have past employment experience in finance or accounting, requisite professional certification in accounting, or any other comparable experience or background which results in the individual's financial sophistication.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

R. Wayne Jackson resigned as director at Boxlight Corp.

Action: resigned
Role: director

Exact text from the filing

On May 23 2025, R. Wayne Jackson, 67, resigned as a director of Boxlight Corporation (the “Company”) for personal reasons.

View on SEC.gov

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Source: SEC EDGAR

accession 0001628280-25-028577

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