Boxlight Regains Nasdaq Compliance After Meeting Equity and Governance Requirements

Reuters
Oct 14
Boxlight Regains Nasdaq Compliance After Meeting Equity and Governance Requirements

Boxlight Corporation announced that it has regained compliance with Nasdaq listing requirements, allowing its stock to continue trading on The Nasdaq Stock Market. The company met the minimum stockholders' equity requirement of $2.5 million and addressed other regulatory concerns, including increasing its authorized Class A common stock, raising capital through a stock offering and warrant exercises, and converting Series C Preferred Stock to common stock. Nasdaq confirmed Boxlight's compliance with both equity and governance rules but will continue to monitor the company's status in future filings.

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