Boxlight (BOXL) Prices 1.33M Share Offering at $3.00

Rhea-AI Filing Summary

Boxlight Corp entered into a Placement Agency Agreement with A.G.P./Alliance Global Partners and a Securities Purchase Agreement with certain purchasers to sell 1,333,333 shares of its Class A common stock in a registered direct offering at a public offering price of $3.00 per share, representing gross proceeds of $4,000,000. The filing also includes related documents such as the placement agency agreement, form of securities purchase agreement, legal opinion and a press release dated September 23, 2025 announcing the pricing.

The company agreed to restrictions on certain filings and statements but may, beginning five days after closing, enter an at-the-market offering facility with the placement agent and file a related prospectus supplement to conduct ATM sales. Exhibits include legal opinions and consents from Kilpatrick Townsend & Stockton LLP and the pricing press release.

Positive

• Capital raise completed through a registered direct offering generating $4.0 million in gross proceeds
• Placement agent engaged (A.G.P./Alliance Global Partners) and legal opinion and consents are included, indicating completed documentation

Negative

• Equity issuance is dilutive to existing shareholders due to the issuance of 1,333,333 new Class A shares
• Potential for further dilution exists if the company uses the contemplated ATM facility to sell additional shares after five days

Insights

Securities Analyst

TL;DR: Registered direct offering of 1.33M shares at $3.00 raises $4.0M; potential for follow-on ATM sales after five days.

The transaction is a straightforward capital raise via a registered direct offering with A.G.P./Alliance Global Partners as placement agent. At $3.00 per share for 1,333,333 shares, the company is securing gross proceeds of $4.0 million. The agreement contemplates an ATM facility possibility commencing five days after closing, which could enable additional equity sales. Relevant exhibits include the placement agency agreement, securities purchase agreement, legal opinion and press release documenting the offering price.

Corporate Governance Expert

TL;DR: Transaction documented with required legal opinions and consents; standard filing-language limits incorporation by reference.

The filing includes the opinion and consent of outside counsel and explicit exhibit listings, indicating standard diligence and disclosure practices for a registered direct offering. The document disclaims broad incorporation into other filings except by specific reference and notes timing restrictions tied to subsequent ATM arrangements. These elements reflect routine governance and disclosure controls accompanying an equity financing.

8-K Event Classification

3 items: 1.01, 7.01, 9.01

3 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BOXL announce in this Form 8-K?

The company announced a registered direct offering to sell 1,333,333 shares of Class A common stock at $3.00 per share.

How much gross proceeds will Boxlight (BOXL) receive from the offering?

The offering price yields gross proceeds of $4,000,000 (1,333,333 shares multiplied by $3.00 per share).

Who is the placement agent for the offering?

The placement agent is A.G.P./Alliance Global Partners as stated in the filing.

Can BOXL sell more shares after this registered direct offering?

Yes. The filing states the company may enter an ATM facility with the placement agent and conduct sales beginning five days after closing.

What exhibits were filed with the 8-K?

Exhibits listed include a legal opinion from Kilpatrick Townsend & Stockton LLP, the placement agency agreement, form of securities purchase agreement, counsel consent, and a press release dated September 23, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/24/2025 - 04:15 PM EDT Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (date of earliest event reported): September 23, 2025

BOXLIGHT CORPORATION

(Exact name of registrant as specified in its charter)

Nevada		001-37564		36-4794936
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2750 Premiere Parkway, Ste. 900

Duluth, Georgia 30097

(Address Of Principal Executive Offices) (Zip Code)

678-367-0809

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or formed address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock $0.0001 per share		BOXL		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry into a Material Definitive Agreement.

On September 23, 2025, Boxlight Corporation, a Nevada corporation (the “Company”), entered into a placement agency agreement (the “Placement Agency Agreement”) with A.G.P./Alliance Global Partners (“Placement Agent”) and a securities purchase agreement (the “Purchase Agreement”) with certain purchasers, pursuant to which the Company agreed to issue and sell, in a registered direct offering (the “Offering”), an aggregate of (i) 1,333,333 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”). The public offering price for each share of Class A Common Stock was $3.00.

The Offering closed on September 24, 2025. The gross proceeds to the Company from the Offering were approximately $4.0 million, before deducting the Placement Agent’s fees and other Offering expenses payable by the Company. The Company intends to use the net proceeds from the Offering for working capital and debt reduction as agreed upon with the Company’s senior lender.

Each of the Placement Agency Agreement and the Purchase Agreement contains customary representations and warranties of the Company, indemnification obligations of the Company, customary conditions to closing and termination provisions. Additionally, each of the directors and officers of the Company, pursuant to lock-up agreements, agreed not to sell or transfer any of the Company securities which they hold, subject to certain exceptions, during the 45-day period following the closing of the Offering.

Pursuant to the Purchase Agreement, from the date of such agreement until 30 days after the closing of the Offering, the Company will not (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Class A Common Stock or securities convertible, exchangeable or exercisable into, shares of Class A Common Stock (“Common Stock Equivalents”) or (ii) file any registration statement or amendment or supplement thereto, other than in connection with the prospectus supplement to be filed by the Company in connection with the Offering; provided, however, that commencing after 5 days following the closing of the Offering, the Company may enter into an at-the-market offering (“ATM”) facility or similar agreement with the Placement Agent, file any related prospectus supplement thereto and conduct sales pursuant to the ATM.

Pursuant to the Placement Agency Agreement, the Company paid the Placement Agent as compensation a cash fee of 7.0% of the aggregate gross proceeds from the Offering, plus reimbursement of certain expenses and legal fees.

The Shares were offered by the Company pursuant to the registration statement on Form S-3 originally filed on January 24, 2025, with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (File No. 333-284493), and declared effective on February 5, 2025.

The legal opinion, including the related consent, of Kilpatrick Townsend & Stockton LLP relating to the legality of the issuance and sale of Shares in the Offering is filed as Exhibit 5.1 to this Current Report.

The foregoing summaries do not purport to be complete and are qualified in their entirety by reference to the Placement Agent Agreement and the Purchase Agreement, which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K.

Item 7.01 Regulation FD Disclosure.

On September 23, 2025, the Company issued a press release, announcing the pricing of the Offering. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Item 7.01 (including Exhibit 99.1) of this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.		Description
5.1		Opinion of Kilpatrick Townsend & Stockton LLP
10.1		Placement Agency Agreement
10.2		Form of Securities Purchase Agreement
23.1		Consent of Kilpatrick Townsend & Stockton LLP (contained in Exhibit 5.1)
99.1		Press Release of the Company, dated September 23, 2025, announcing the pricing of the Offering
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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.

Dated: September 24, 2025  

BOXLIGHT CORPORATION

By:	/s/ Brian Lane
Name:	Brian Lane
Title:	Chief Financial Officer