Boxlight to be Acquired by Lightyear Capital for $2.00/Share

TL;DR

Boxlight going private! Lightyear Capital buying for $2 cash per share, deal closes Q4 2025.

AI Summary

Boxlight Corporation announced on October 8, 2025, that it has entered into a definitive agreement to be acquired by an affiliate of Lightyear Capital LLC. The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions. Boxlight's common stock will be converted into the right to receive $2.00 in cash per share.

Why It Matters

This acquisition by Lightyear Capital will result in Boxlight Corporation becoming a private company, delisting its common stock from public trading.

Risk Assessment

Risk Level: medium — The acquisition is subject to customary closing conditions, and there is a risk that the deal may not be completed as planned.

Key Numbers

• $2.00 — Acquisition Price Per Share (Cash consideration for each share of Boxlight common stock.)
• Q4 2025 — Expected Closing (Anticipated timeframe for the completion of the acquisition.)

Key Players & Entities

• Boxlight Corporation (company) — Company being acquired
• Lightyear Capital LLC (company) — Acquiring entity
• $2.00 (dollar_amount) — Per share acquisition price
• October 8, 2025 (date) — Date of the agreement
• fourth quarter of 2025 (date) — Expected closing period

FAQ

Key Financial Figures

• $0.0001 — stered Class A Common Stock, par value $0.0001 per share BOX L The Nasdaq Stock Market
• $2.5 million — it had stockholders' equity of at least $2.5 million as required for continued listing on Th
• $4.0 million — of its Class A common stock that raised $4.0 million in gross proceeds, before deducting the
• $1.9 million — warrants that provided the Company with $1.9 million of gross proceeds; Its entry into an a

Filing Documents

• boxl-20251008.htm (8-K) — 32KB
• 0001628280-25-044877.txt ( ) — 146KB
• boxl-20251008.xsd (EX-101.SCH) — 2KB
• boxl-20251008_lab.xml (EX-101.LAB) — 21KB
• boxl-20251008_pre.xml (EX-101.PRE) — 12KB
• boxl-20251008_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. Nasdaq Confirmation of Regained Compliance with Nasdaq Stock Market Listing Standards On October 8, 2025, the Staff of The Nasdaq Capital Market (the "Staff") informed Boxlight Corporation (the "Company") that the Staff has determined that the Company complies with Nasdaq Listing Rules relating to minimum stockholders' equity, independent director, and audit committee requirements with which it previously did not comply. The Staff indicated that Nasdaq will continue to monitor the Company's compliance with the minimum stockholders' equity and, if at the time of its next periodic report the Company does not comply, the Company may be subject to delisting. The Staff further indicated that the independent director and audit committee matters are now closed. The Company announced on October 3, 2025, that it believed that it had stockholders' equity of at least $2.5 million as required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1) (the "Equity Rule"). The Company also included in that announcement a summary of other recent events that enabled it to attain this achievement, including: The receipt of shareholder approval of an amendment to the Company's Articles of Incorporation to increase the number of authorized shares of Class A common stock to 25,000,000; The completion of an offering of its Class A common stock that raised $4.0 million in gross proceeds, before deducting the placement agent's fees and other offering expenses payable by the Company; The exercise of warrants that provided the Company with $1.9 million of gross proceeds; Its entry into an agreement to modify the terms of its Series B Preferred Stock that the Company believes allows it to classify the Series B Preferred Stock as permanent equity on its consolidated balance sheet; and the conversion of its Series C Preferred Stock into common stock of the Company by the holders. Furthermore, as reported on August 14, 2025, the

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements. Forward-looking statements may include, but are not limited to, statements related to whether the Company will be successful in maintaining the listing of its Class A Common Stock on Nasdaq, as well as statements, other than historical facts, that address activities, events or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future. These statements are often characterized by terminology such as "believes," "hopes," "may," "anticipates," "should," "intends," "plans," "will," "expects," "estimates," "projects," "positioned," "strategy" and similar expressions and are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate. Forward-looking statements in this Current Report on Form 8-K are made as of the date of this Current Report on Form 8-K, and the Company undertakes no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of the Company's control. Important factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements are described in the sections titled "Risk Factors" in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, and include factors such as the Company's history of noncompliance with Nasdaq listing standards and the absence of any guarantee that there will not be future noncompliance, or that the Company may not be successful in remedying such noncompliance, which may result in a delistin

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 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. BOXLIGHT CORPORATION Dated: October 14, 2025 By: /s/ Dale W. Strang Name: Dale W. Strang Title: Chief Executive Officer and Director

View Full Filing

View this 8-K filing on SEC EDGAR