STOCK TITAN

[8-K] Boxlight Corp Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Boxlight Corporation entered a sales agreement with A.G.P./Alliance Global Partners to establish an at-the-market offering program for up to $4,800,000 of its Class A common stock. Under this arrangement, A.G.P. may act as sales agent or principal to sell shares from time to time as permitted by law. The company is not obligated to sell shares and can suspend offers at any time. Sales will be made pursuant to Boxlight’s effective Form S-3 shelf and an accompanying prospectus supplement.

The agent will receive a 3.00% commission on gross proceeds from any sales. Boxlight agreed to reimburse reasonable documented expenses up to $60,000, plus up to $5,000 per calendar quarter at each representation date, and up to $20,000 for each ATM program refresh. The program ends upon selling the full $4.8 million amount, shelf expiration under Rule 415(a)(5), or termination by the parties.

Boxlight Corporation ha stipulato un accordo di vendita con A.G.P./Alliance Global Partners per istituire un programma di collocamento at-the-market per un massimo di $4,800,000 di azioni ordinarie di Classe A. Nell'ambito di tale accordo, A.G.P. può agire come agente di vendita o come grossista per vendere azioni di volta in volta come consentito dalla legge. L'azienda non è obbligata a vendere azioni e può sospendere le offerte in qualsiasi momento. Le vendite saranno effettuate ai sensi del Form S-3 shelf di Boxlight in vigore e di un supplemento di prospetto di accompagnamento.

L'agente riceverà una commissione del 3,00% sul ricavo lordo di qualsiasi vendita. Boxlight si è anche impegnata a rimborsare le spese documentate ragionevoli fino a $60,000, oltre a fino a $5,000 per trimestre di calendario a ogni data di rappresentazione, e fino a $20,000 per ogni aggiornamento del programma ATM. Il programma termina al verificarsi della vendita dell'intero importo di $4,8 milioni, con scadenza della shelf ai sensi della Rule 415(a)(5) o cessazione da parte delle parti.

Boxlight Corporation firmó un acuerdo de ventas con A.G.P./Alliance Global Partners para establecer un programa de oferta en el mercado abierto por hasta $4,800,000 de sus acciones ordinarias de Clase A. Bajo este acuerdo, A.G.P. puede actuar como agente de ventas o como principal para vender acciones de vez en cuando según lo permita la ley. La empresa no está obligada a vender acciones y puede suspender las ofertas en cualquier momento. Las ventas se realizarán conforme al shelf Form S-3 vigente de Boxlight y a un prospecto suplementario acompañante.

El agente recibirá una comisión del 3,00% de los ingresos brutos de cualquier venta. Boxlight acordó reembolsar gastos razonables debidamente documentados hasta $60,000, además de hasta $5,000 por cada trimestre calendario en cada fecha de representación, y hasta $20,000 por cada actualización del programa ATM. El programa termina al venderse la totalidad de $4.8 millones, vencimiento de la shelf conforme a la Regla 415(a)(5), o terminación por las partes.

Boxlight Corporation는 A.G.P./Alliance Global Partners와 판매 계약을 체결하여 최대 $4,800,000의 Class A 보통주를 위한 시장전용(offering) 프로그램을 수립했습니다. 이 계약에 따라 A.G.P.는 판매대리인 또는 원칙자로서 법이 허용하는 범위 내에서 때때로 주식을 매각할 수 있습니다. 회사는 주식 매각 의무가 없으며 언제든지 제안을 중단할 수 있습니다. 매매는 Boxlight의 현재 Form S-3 shelf 및 동반되는 투자설명서 보충서를 통해 이루어집니다.

대리인은 모든 매매의 총수익에 대해 3.00%의 커미션을 받습니다. Boxlight는 합리적으로 문서화된 비용을 최대 $60,000까지 상환하기로 동의했으며, 각 진술일에 대해 최대 $5,000의 분기당 비용, 그리고 각 ATM 프로그램 새로 고침당 최대 $20,000를 지불합니다. 프로그램은 총 $4.8백만의 매도가 이루어지거나, 415(a)(5) 규칙에 따른 shelf 만료, 또는 당사자 간 해지 시 종료됩니다.

Boxlight Corporation a conclu un accord de vente avec A.G.P./Alliance Global Partners afin de mettre en place un programme d'offre sur le marché pour jusqu'à $4,00 000 de ses actions ordinaires de classe A. Dans le cadre de cet arrangement, A.G.P. peut agir en tant qu'agent de vente ou en tant que principal pour vendre des actions de temps à autre comme la loi l'autorise. La société n'est pas obligée de vendre des actions et peut suspendre les offres à tout moment. Les ventes seront effectuées conformément au shelf Form S-3 de Boxlight en vigueur et à un supplément de prospectus d'accompagnement.

L'agent recevra une commission de 3,00% sur le produit brut de toute vente. Boxlight s'est engagé à rembourser les frais raisonnables dûment documentés jusqu'à $60,000, ainsi que jusqu'à $5,000 par trimestre civil à chaque date de représentation, et jusqu'à $20,000 pour chaque rafraîchissement du programme ATM. Le programme se termine lorsque la totalité du montant de $4,8 millions est vendue, à l'expiration de la shelf conformément à la Rule 415(a)(5), ou à la résiliation par les parties.

Boxlight Corporation hat eine Verkaufsvereinbarung mit A.G.P./Alliance Global Partners getroffen, um ein Market-at-the-Market-Angebotsprogramm für bis zu $4,800,000 ihrer Class-A-Stammaktien einzurichten. Im Rahmen dieser Vereinbarung kann A.G.P. als Vertriebsmitarbeiter oder als Makler auftreten, um Aktien von Zeit zu Zeit wie gesetzlich zulässig zu verkaufen. Das Unternehmen ist nicht verpflichtet, Aktien zu verkaufen, und kann Angebote jederzeit aussetzen. Verkäufe werden gemäß dem gültigen Shelf-Formular S-3 von Boxlight und einem beigefügten Prospekt-Supplement durchgeführt.

Der Agent erhält eine Provision von 3,00% des Bruttoerlöses aus jedem Verkauf. Boxlight hat sich außerdem verpflichtet, angemessene dokumentierte Auslagen bis zu $60,000 zu erstatten, zuzüglich bis zu $5,000 pro Kalenderquartal bei jedem Repräsentationsdatum, und bis zu $20,000 für jede ATM-Programm-Aktualisierung. Das Programm endet, wenn der volle Betrag von $4,8 Millionen verkauft ist, oder aufgrund der shelf-Laufzeit gemäß Rule 415(a)(5) oder durch Kündigung durch die Parteien.

Boxlight Corporation أبرمت اتفاقية بيع مع A.G.P./Alliance Global Partners لإنشاء برنامج عرض في السوق حتى ما يصل إلى $4,800,000 من أسهمها العادية فئة A. بموجب هذا الترتيب، يمكن لـ A.G.P. أن يعمل كوكيل مبيعات أو كوكيل رئيسي لبيع الأسهم من وقت لآخر كما تسمح به القوانين. لا تكون الشركة ملزمة ببيع الأسهم، ويمكنها suspendar العروض في أي وقت. ستتم المبيعات وفقاً للنظام الفعّال Form S-3 shelf وملحق نشرة الاكتتاب المصاحب.

سيحصل الوكيل على عمولة 3.00% من العائد الإجمالي من أي بيع. وافقت Boxlight على تعويض المصاريف الموثقة المعقولة حتى $60,000، بالإضافة إلى حتى $5,000 لكل ربع تقويمي في كل تاريخ تمثيل، وحتى $20,000 لكل تحديث لبرنامج ATM. ينتهي البرنامج عند بيع المبلغ الكامل $4.8 مليون، أو عند انتهاء shelf بموجب Rule 415(a)(5)، أو إنهاء الطرفين.

Boxlight Corporation 与 A.G.P./Alliance Global Partners 签订了销售协议,建立一个面向市场的发行计划,最高至 $4,800,000 的其 Class A 普通股。在此安排下,A.G.P. 可能充当销售代理或主要经纪人,按法律允许的时间不时出售股票。公司无义务出售股票,允许随时暂停要约。销售将根据 Boxlight 有效的 Form S-3 现有层架及随附的招股说明书补充文件进行。

代理人将就任何销售的毛收入获得 3.00% 的佣金。Boxlight 同意就合理且有据可查的支出予以偿付,最高为 $60,000,并且在每个陈述日的日历季度内最多可达 $5,000,以及每次 ATM 计划刷新最多可达 $20,000。该计划在卖出全部 $4.8 百万美元、或 Shelf 按 Rule 415(a)(5) 到期、或由双方终止时结束。

Positive
  • None.
Negative
  • None.

Boxlight Corporation ha stipulato un accordo di vendita con A.G.P./Alliance Global Partners per istituire un programma di collocamento at-the-market per un massimo di $4,800,000 di azioni ordinarie di Classe A. Nell'ambito di tale accordo, A.G.P. può agire come agente di vendita o come grossista per vendere azioni di volta in volta come consentito dalla legge. L'azienda non è obbligata a vendere azioni e può sospendere le offerte in qualsiasi momento. Le vendite saranno effettuate ai sensi del Form S-3 shelf di Boxlight in vigore e di un supplemento di prospetto di accompagnamento.

L'agente riceverà una commissione del 3,00% sul ricavo lordo di qualsiasi vendita. Boxlight si è anche impegnata a rimborsare le spese documentate ragionevoli fino a $60,000, oltre a fino a $5,000 per trimestre di calendario a ogni data di rappresentazione, e fino a $20,000 per ogni aggiornamento del programma ATM. Il programma termina al verificarsi della vendita dell'intero importo di $4,8 milioni, con scadenza della shelf ai sensi della Rule 415(a)(5) o cessazione da parte delle parti.

Boxlight Corporation firmó un acuerdo de ventas con A.G.P./Alliance Global Partners para establecer un programa de oferta en el mercado abierto por hasta $4,800,000 de sus acciones ordinarias de Clase A. Bajo este acuerdo, A.G.P. puede actuar como agente de ventas o como principal para vender acciones de vez en cuando según lo permita la ley. La empresa no está obligada a vender acciones y puede suspender las ofertas en cualquier momento. Las ventas se realizarán conforme al shelf Form S-3 vigente de Boxlight y a un prospecto suplementario acompañante.

El agente recibirá una comisión del 3,00% de los ingresos brutos de cualquier venta. Boxlight acordó reembolsar gastos razonables debidamente documentados hasta $60,000, además de hasta $5,000 por cada trimestre calendario en cada fecha de representación, y hasta $20,000 por cada actualización del programa ATM. El programa termina al venderse la totalidad de $4.8 millones, vencimiento de la shelf conforme a la Regla 415(a)(5), o terminación por las partes.

Boxlight Corporation는 A.G.P./Alliance Global Partners와 판매 계약을 체결하여 최대 $4,800,000의 Class A 보통주를 위한 시장전용(offering) 프로그램을 수립했습니다. 이 계약에 따라 A.G.P.는 판매대리인 또는 원칙자로서 법이 허용하는 범위 내에서 때때로 주식을 매각할 수 있습니다. 회사는 주식 매각 의무가 없으며 언제든지 제안을 중단할 수 있습니다. 매매는 Boxlight의 현재 Form S-3 shelf 및 동반되는 투자설명서 보충서를 통해 이루어집니다.

대리인은 모든 매매의 총수익에 대해 3.00%의 커미션을 받습니다. Boxlight는 합리적으로 문서화된 비용을 최대 $60,000까지 상환하기로 동의했으며, 각 진술일에 대해 최대 $5,000의 분기당 비용, 그리고 각 ATM 프로그램 새로 고침당 최대 $20,000를 지불합니다. 프로그램은 총 $4.8백만의 매도가 이루어지거나, 415(a)(5) 규칙에 따른 shelf 만료, 또는 당사자 간 해지 시 종료됩니다.

Boxlight Corporation a conclu un accord de vente avec A.G.P./Alliance Global Partners afin de mettre en place un programme d'offre sur le marché pour jusqu'à $4,00 000 de ses actions ordinaires de classe A. Dans le cadre de cet arrangement, A.G.P. peut agir en tant qu'agent de vente ou en tant que principal pour vendre des actions de temps à autre comme la loi l'autorise. La société n'est pas obligée de vendre des actions et peut suspendre les offres à tout moment. Les ventes seront effectuées conformément au shelf Form S-3 de Boxlight en vigueur et à un supplément de prospectus d'accompagnement.

L'agent recevra une commission de 3,00% sur le produit brut de toute vente. Boxlight s'est engagé à rembourser les frais raisonnables dûment documentés jusqu'à $60,000, ainsi que jusqu'à $5,000 par trimestre civil à chaque date de représentation, et jusqu'à $20,000 pour chaque rafraîchissement du programme ATM. Le programme se termine lorsque la totalité du montant de $4,8 millions est vendue, à l'expiration de la shelf conformément à la Rule 415(a)(5), ou à la résiliation par les parties.

Boxlight Corporation hat eine Verkaufsvereinbarung mit A.G.P./Alliance Global Partners getroffen, um ein Market-at-the-Market-Angebotsprogramm für bis zu $4,800,000 ihrer Class-A-Stammaktien einzurichten. Im Rahmen dieser Vereinbarung kann A.G.P. als Vertriebsmitarbeiter oder als Makler auftreten, um Aktien von Zeit zu Zeit wie gesetzlich zulässig zu verkaufen. Das Unternehmen ist nicht verpflichtet, Aktien zu verkaufen, und kann Angebote jederzeit aussetzen. Verkäufe werden gemäß dem gültigen Shelf-Formular S-3 von Boxlight und einem beigefügten Prospekt-Supplement durchgeführt.

Der Agent erhält eine Provision von 3,00% des Bruttoerlöses aus jedem Verkauf. Boxlight hat sich außerdem verpflichtet, angemessene dokumentierte Auslagen bis zu $60,000 zu erstatten, zuzüglich bis zu $5,000 pro Kalenderquartal bei jedem Repräsentationsdatum, und bis zu $20,000 für jede ATM-Programm-Aktualisierung. Das Programm endet, wenn der volle Betrag von $4,8 Millionen verkauft ist, oder aufgrund der shelf-Laufzeit gemäß Rule 415(a)(5) oder durch Kündigung durch die Parteien.

false 0001624512 0001624512 2025-10-16 2025-10-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): October 16, 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, par value $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 1.01Entry into a Material Definitive Agreement.

 

On October 16, 2025, Boxlight Corporation, a Nevada corporation (the “Company”), entered into a sales agreement (the “Sales Agreement”) with A.G.P./Alliance Global Partners (the “Agent”), pursuant to which the Company may issue and sell, from time to time, up to an aggregate of $4,800,000 of shares of its Class A Common Stock, par value $0.0001 per share (the “Shares”), through an “at the market offering” program, under which the Agent will act as sales agent or principal. The sales, if any, of the Shares made under the Sales Agreement will be made by any method permitted by law deemed to be an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended.

 

The Sales Agreement provides that the Agent will be entitled to compensation at a fixed commission rate of 3.00% of the gross proceeds from the sale of the Shares on our behalf pursuant to the Sales Agreement. We have agreed to reimburse the Agent for their reasonable and documented out-of-pocket costs and expenses (including but not limited to the reasonable and documented fees and expenses of their legal counsel) in an amount not to exceed $60,000 and up to an additional $5,000 per calendar quarter thereafter payable with each Representation Date (as defined in the Sales Agreement) and up to an additional $20,000 for each at-the-market offering program “refresh” (which would include the filing of a new registration statement, prospectus, or prospectus supplement relating to the Shares and/or an amendment of the Sales Agreement). The Sales Agreement contains customary representations, warranties and agreements by the Company, indemnification obligations of the Company and the Agent, as well as other obligations of the parties and termination provisions and rights.

 

The Shares will be issued pursuant to the Company’s effective shelf registration statement on Form S-3 (File No. 333-284493), filed with the Securities and Exchange Commission (the “SEC”) on January 24, 2025, as amended on February 4, 2025, and declared effective by the SEC on February 5, 2025, and the accompanying base prospectus included therein as supplemented by the prospectus supplement, dated October 16, 2025 (the “ATM Prospectus Supplement”), filed with the SEC.

 

The Company has no obligation to sell any of the Shares under the Sales Agreement and may at any time suspend solicitation and offers thereunder. The offering of Shares pursuant to the Sales Agreement will terminate on the earlier of (1) the issuance and sale, pursuant to the Sales Agreement, of Shares having an aggregate offering price of $4.8 million, (2) the expiration of the Registration Statement on the third anniversary of its initial effective date pursuant to Rule 415(a)(5) under the Securities Act, or (3) the termination of the Sales Agreement by either us or the Agent, or by mutual agreement, as permitted therein.

 

This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of any offer to buy the Shares, nor shall there be any offer, solicitation or sale of the Shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Attached to this Current Report on Form 8-K as Exhibit 5.1, and incorporated by reference to the ATM Prospectus Supplement, is the opinion of Kilpatrick Townsend & Stockton LLP, relating to the legality of the Shares.

 

The foregoing description of the Sales Agreement is not complete and is qualified in its entirety by reference to the full text of the Sales Agreement, a copy of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01Financial Statements and Exhibits.

 

Exhibit No. Description
   
5.1 Opinion of Kilpatrick Townsend & Stockton LLP
10.1 Sales Agreement between the Company and A.G.P./Alliance Global Partners, dated as of October 16, 2025
23.1 Consent of Kilpatrick Townsend & Stockton LLP (contained in Exhibit 5.1)
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: October 16, 2025

 

BOXLIGHT CORPORATION  
   
By: /s/ Dale Strang  
Name: Dale Strang  
Title: Chief Executive Officer  

 

 

Boxlight Corp

NASDAQ:BOXL

BOXL Rankings

BOXL Latest News

BOXL Latest SEC Filings

BOXL Stock Data

9.77M
5.14M
13.56%
20.85%
1.27%
Consumer Electronics
Services-educational Services
Link
United States
DULUTH