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Boxlight (BOXL) investor exits common shares, plans warrant sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Boxlight Corp shareholder exits common stock position. HIC 2, LLC, with reporting person Gorr Sahakian, reports beneficial ownership of 0 Class A Common Shares of Boxlight Corp, representing 0.0% of the class as of 09/25/2025.

The filing states that all prior common share holdings have been liquidated. It also notes an intention to exercise certain warrants in Boxlight Corp and to sell the resulting shares at a future date, with the stated plan to exit the investment entirely.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


HIC 2, LLC
Signature:Gorr Sahakian
Name/Title:Gorr Sahakian, Vice President
Date:09/29/2025

FAQ

What does the latest Schedule 13D/A say about BOXL ownership?

The filing states the reporting person now holds 0 Boxlight Corp Class A Common Shares, representing 0.0% of the class. All prior common share holdings were liquidated before the reporting date, indicating a full exit from common stock ownership.

Who is the reporting person in the BOXL Schedule 13D/A amendment?

The reporting entity is HIC 2, LLC, with Gorr Sahakian as the reporting person. Sahakian lists his role as investing for his personal account, using personal funds and family capital generated from real estate development to fund the original Boxlight Corp investment.

What is the current beneficial ownership percentage in Boxlight Corp (BOXL)?

The filing reports beneficial ownership of 0 Class A Common Shares of Boxlight Corp, equal to 0.0% of the outstanding class. This confirms the reporting person no longer holds any common shares as of the event date in the document.

Does the BOXL Schedule 13D/A mention future warrant exercises?

Yes. The filing notes the reporting person plans to exercise certain warrants in Boxlight Corp and then sell the resulting shares at a future date. The stated objective is to exit the investment in the issuer entirely after those transactions.

What was the purpose of the transaction described for BOXL?

The purpose section explains that all common share holdings in Boxlight Corp were liquidated as of the reporting date. It further states the reporting person intends to exercise outstanding warrants and sell those shares, with the goal of fully exiting the investment in the issuer.

Are there any ongoing arrangements with Boxlight Corp (BOXL) mentioned?

The filing indicates the reporting person is no longer engaging with Boxlight Corp and plans to exit the investment entirely. It lists no contracts, arrangements, understandings, or relationships with respect to the issuer’s securities under the relevant disclosure item.
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