---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-029345"
form_type: "8-K"
ticker: "BOXL"
cik: "0001624512"
company_name: "Boxlight Corp"
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-19T23:57:19.066605+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Boxlight enters $6M inventory finance agreement with related party J.J. ASTOR

## Summary
- Up to $6M aggregate financing for 80% of finished goods inventory from manufacturer/supplier.
- Each advance repayable in 90 days; fee structure: $1.0535 per $0.80 advanced.
- Default triggers 10% balance increase and 19% daily compounded interest.
- Counterparty J.J. ASTOR is led by director/former CEO Michael Pope, a related-party transaction.

## SEC filing metadata
- accession: 0001628280-25-029345
- form_type: 8-K
- ticker: BOXL
- cik: 0001624512
- company_name: Boxlight Corp
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624512/000162828025029345/0001628280-25-029345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624512/000162828025029345/boxl-20250527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-029345
- JSON: https://secwatch.observer/filing/0001628280-25-029345.json
- Plain text: https://secwatch.observer/filing/0001628280-25-029345.txt

## Key facts
- Debt Financings
  Boxlight Corp incurred credit facility of $6 million with J.J. ASTOR & CO. at $1.0535 per $0.80 advanced maturing one year.
  - Instrument: credit facility
  - Principal: $6 million
  - Counterparty: J.J. ASTOR & CO.
  - Rate: $1.0535 per $0.80 advanced
  - Maturity: one year
  - Event: incurrence
  source text: On May 27, 2025, Boxlight Corporation, a Nevada corporation (the “Company”), entered into an Inventory Finance Agreement (the “Agreement”) with J.J. ASTOR & CO., a Utah corporation ("J.J ASTOR”). Michael Pope, a current director of the Company and its former chairman, president and chief executive officer, is the chief executive officer of J.J ASTOR.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624512/000162828025029345/0001628280-25-029345-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.