Boxlight regains Nasdaq compliance for minimum equity, independent directors, and audit committee

Boxlight Corp

• Nasdaq confirmed compliance with minimum stockholders' equity (≥$2.5M), independent director, and audit committee rules as of October 8, 2025.
• Independent director and audit committee matters are closed; equity compliance will be monitored at next periodic report.
• Company raised $4.0M gross from stock offering and $1.9M from warrant exercises to bolster equity.
• Board designates Carine Clark as financially sophisticated to satisfy audit committee membership requirements.
• Prior compliance milestones: shareholder approval for increased authorized shares, Series B preferred reclassification, Series C conversion.