other_material
confidence high
sentiment neutral
materiality 0.65
Boxlight approves 1-for-6 reverse stock split effective Dec 22, 2025 to regain Nasdaq compliance
Boxlight Corp
- 1-for-6 reverse split effective 5:00 p.m. ET Dec 22, 2025; split-adjusted trading begins Dec 23 under ticker BOXL.
- Goal: increase closing bid price above $1.00 to maintain compliance with Nasdaq Listing Rule 5550(a)(2).
- Authorized Class A common shares reduced from 25M to 4,166,667; par value stays $0.0001 per share.
- Adjustments to equity awards, warrants (1/6 share each), and convertible preferred conversion factor proportionately.
- No fractional shares issued; rounding up to whole share; VStock Transfer acts as exchange agent.
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