Boxlight Corp. Appoints New CFO, Elects Directors
Ticker: BOXL · Form: 8-K · Filed: Jun 12, 2024 · CIK: 1624512
Sentiment: neutral
Topics: management-change, board-election, cfo-departure
TL;DR
Boxlight CFO out, new interim CFO in, two new board members elected.
AI Summary
Boxlight Corporation announced on June 7, 2024, the departure of its Chief Financial Officer, Henry W. Smith, effective June 10, 2024. The company also appointed Michael R. Murphy as the new Interim Chief Financial Officer. Additionally, Boxlight elected two new directors, David G. Johnson and Michael J. Smith, to its Board of Directors.
Why It Matters
The company is undergoing leadership changes in its finance department and on its board, which could signal strategic shifts or a response to performance.
Risk Assessment
Risk Level: medium — Changes in key financial and board positions can indicate underlying issues or strategic realignments that may impact the company's future performance.
Key Players & Entities
- Boxlight Corporation (company) — Registrant
- Henry W. Smith (person) — Departing Chief Financial Officer
- June 10, 2024 (date) — Effective date of CFO departure
- Michael R. Murphy (person) — Appointed Interim Chief Financial Officer
- David G. Johnson (person) — Elected Director
- Michael J. Smith (person) — Elected Director
- June 7, 2024 (date) — Date of report
FAQ
Who has been appointed as the Interim Chief Financial Officer?
Michael R. Murphy has been appointed as the Interim Chief Financial Officer.
When is Henry W. Smith's departure as CFO effective?
Henry W. Smith's departure as CFO is effective June 10, 2024.
Who are the newly elected directors?
David G. Johnson and Michael J. Smith have been elected as new directors.
What is the company's principal executive office address?
The company's principal executive office is located at 2750 Premiere Parkway, St. 900 Duluth, Georgia 30097.
What is the filing date of this Form 8-K?
This Form 8-K was filed on June 12, 2024, reporting events as of June 7, 2024.
Filing Stats: 564 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-06-12 08:00:23
Key Financial Figures
- $0.0001 — h registered Common Stock, par value $0.0001 per share BOXL The Nasdaq Stock Mar
Filing Documents
- tm2416943d1_8k.htm (8-K) — 26KB
- tm2416943d1_ex99-1.htm (EX-99.1) — 7KB
- tm2416943d1_ex99-1img01.jpg (GRAPHIC) — 5KB
- 0001104659-24-070680.txt ( ) — 211KB
- boxl-20240607.xsd (EX-101.SCH) — 3KB
- boxl-20240607_lab.xml (EX-101.LAB) — 33KB
- boxl-20240607_pre.xml (EX-101.PRE) — 22KB
- tm2416943d1_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 7, 2024, the Board of Directors (the "Board") of Boxlight Corporation (the "Company") appointed Dale Strang as the Company's Chief Executive Officer and principal executive officer. Mr. Strang had previously served as the Company's Interim Chief Executive Officer since January 4, 2024.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On June 12, 2024, the Company issued a press release announcing the permanent Chief Executive Officer appointment noted above. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 7.01 by reference. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. Such information may be incorporated by reference in another filing under the Exchange Act or the Securities Act, only if and to the extent that such subsequent filing specifically references such information.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 99.1 Press release, dated June 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 12, 2024 Boxlight Corporation By: /s/ Dale Strang Dale Strang Chief Executive Officer (Duly Authorized Officer)