Boxlight CORP 8-K Filing

Key Financial Figures

• $0.0001 — which registered Class A Common Stock $0.0001 per share BOX L The Nasdaq Stock Market
• $32.2 million — the Lender in the approximate amount of $32.2 million. The Credit Agreement matures in full o
• $3,000,000 — he loans in the amount of not less than $3,000,000, for which no prepayment premium is req
• $11,200,000 — property was reduced from a maximum of $11,200,000 to $8,000,000; Application of Proceeds
• $8,000,000 — educed from a maximum of $11,200,000 to $8,000,000; Application of Proceeds from Equity O

Filing Documents

• boxl-20251202.htm (8-K) — 33KB
• forbearanceagreementandten.htm (EX-10.1) — 77KB
• image_10a.jpg (GRAPHIC) — 0KB
• image_11.jpg (GRAPHIC) — 16KB
• image_15a.jpg (GRAPHIC) — 21KB
• image_16a.jpg (GRAPHIC) — 137KB
• image_1a.jpg (GRAPHIC) — 30KB
• image_4a.jpg (GRAPHIC) — 0KB
• image_5a.jpg (GRAPHIC) — 7KB
• image_7a.jpg (GRAPHIC) — 6KB
• image_9a.jpg (GRAPHIC) — 18KB
• 0001628280-25-055290.txt ( ) — 563KB
• boxl-20251202.xsd (EX-101.SCH) — 2KB
• boxl-20251202_lab.xml (EX-101.LAB) — 21KB
• boxl-20251202_pre.xml (EX-101.PRE) — 12KB
• boxl-20251202_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On December 2, 2025, Boxlight Corporation, a Nevada corporation (the "Company"), and its subsidiaries entered into a Forbearance Agreement and Tenth Amendment and Waiver to Credit Agreement (the "Tenth Amendment") with Whitehawk Finance LLC, as the lender (the "Lender") and White Capital Partners LP, as collateral agent (the "Collateral Agent"). The Tenth Amendment amends the Credit Agreement, originally entered into on December 31, 2021, as amended on April 4, 2022, June 21, 2022, April 24, 2023, June 26, 2023, March 14, 2024, April 19, 2024, August 12, 2024, March 24, 2025, and August 12, 2025, between the Company, its subsidiaries as guarantors, the Collateral Agent, and the Lender. Pursuant to the Credit Agreement, the Company is currently indebted to the Lender in the approximate amount of $32.2 million. The Credit Agreement matures in full on December 31, 2025, and the Tenth Amendment does not modify that maturity date. We do not expect to be in a position to be able to repay the indebtedness outstanding under the Credit Agreement by December 31, 2025. While the Company is actively working to resolve this issue, there can be no assurance that these efforts will be successful prior to the maturity date, at which time all amounts under the Credit Agreement will become due. If the Lender forecloses on the indebtedness under the Credit Agreement, it is unlikely that the Company will able to continue as a going concern, and the Company would be insolvent and common stockholders could lose most or all of their investment. Waivers : Pursuant to the Tenth Amendment, the Lenders agreed to waive certain "Specified Events of Default" that had occurred or were anticipated to occur under the Credit Agreement. These Specified Events of Default included: Failure to maintain the required Senior Leverage Ratio of 1.75:1.00 for the period ended September 30, 2025; and Borrowing base non-compliance for the months ending

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 10.1 Forbearance Agreement and Tenth Amendment and Waiver to Credit Agreement dated as of December 2, 2025 by and among the Company, the guarantors, the Lender and the Agent. 101 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: December 4, 2025 By: /s/ Ryan Zeek Name: Ryan Zeek Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR