Boxlight Corp (BOXL): Nasdaq/NYSE listing notice — Boxlight loses second director; Nasdaq compliance gap widens
Boxlight Corp
Charles P. Amos resigned as director on June 6, 2025.
Company already non-compliant with Nasdaq Rule 5605(c)(2)(A) (audit committee) and 5605(b)(1) (majority independent board) since R. Wayne Jackson resigned May 23.
Has 180 days from May 23, 2025 (until Nov 19, 2025) to cure both deficiencies.
Amos' departure means additional director changes needed to restore majority independent board.
Company plans to recruit a qualified director for the Audit Committee.
Boxlight Corp received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)(A), 5605(b)(1)).
Exchange
nasdaq
Notice
deficiency notice
Deficiency
audit committee
Rules
5605(c)(2)(A), 5605(b)(1)
Exact text from the filing
sfer of Listing. As previously reported in the Company’s Current Report on Form 8-K filed on June 4, 2025, R. Wayne Jackson resigned as a director of the Company on May 23, 2025. Also as previously reported, as a result of Mr. 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 resul
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