Jack Vander Aarde

Brian Kinstlinger

- Boxlight Corporation has **regained compliance with Nasdaq** for continued listing, ensuring its stock will continue to trade on The Nasdaq Stock Market.  **[1624512_8343b7247de34ca8acdec1fc8ed50356_0]** 
- The company received formal notice from Nasdaq on **October 8, 2025**, confirming compliance with Listing Rule 5550(b)(1) regarding stockholders' equity.  **[1624512_8343b7247de34ca8acdec1fc8ed50356_0]** 
- This compliance was achieved through several actions, including an offering that raised **$4.0 million in gross proceeds** and warrant exercises providing **$1.9 million of gross proceeds**, alongside modifications to Series B Preferred Stock and conversion of Series C Preferred Stock.  **[1624512_8343b7247de34ca8acdec1fc8ed50356_0]** 
- Nasdaq will continue to monitor Boxlight's compliance, and future non-compliance at the time of its next periodic report could result in delisting.  **[1624512_8343b7247de34ca8acdec1fc8ed50356_0]**

Boxlight Regains Nasdaq Compliance

- Boxlight Corporation entered into an agreement with holders of its Series B and Series C Preferred Stock, effective **October 1, 2025**.  **[1624512_0001104659-25-096635_tm2527894d1_ex10-1.htm:0]** **[1624512_0001104659-25-096635_tm2527894d1_8k.htm:1]** 
- All **1,320,850 outstanding shares of Series C Stock** were converted into a total of **198,920 shares of Class A Common Stock**.  **[1624512_0001104659-25-096635_tm2527894d1_8k.htm:1]** 
- The terms of the Series B Preferred Stock were amended, eliminating the holders' option to convert or redeem their shares.  **[1624512_0001104659-25-096635_tm2527894d1_8k.htm:1]** **[1624512_0001104659-25-096635_tm2527894d1_ex10-1.htm:4]** 
- The annual dividend rate on Series B Preferred Stock, currently **8%**, will increase incrementally to **12% by October 2, 2030**.  **[1624512_0001104659-25-096635_tm2527894d1_ex3-1.htm:0]** **[1624512_0001104659-25-096635_tm2527894d1_8k.htm:1]** **[1624512_0001104659-25-096635_tm2527894d1_ex10-1.htm:4]** 
- Boxlight will apply **up to 20% of net proceeds from future Qualified Offerings** to redeem Series B Stock at **$10.00 per share**.  **[1624512_0001104659-25-096635_tm2527894d1_ex10-1.htm:0]** **[1624512_0001104659-25-096635_tm2527894d1_8k.htm:1]**

Boxlight Corporation Amends Preferred Stock Terms and Converts Series C Shares

- Boxlight Corporation announced a registered direct offering of **1,333,333 shares** of common stock at a purchase price of **$3.00 per share**.  **[1624512_0001104659-25-092960_tm2526836d1_ex99-1.htm:0]** **[1624512_0001104659-25-092960_tm2526836d1_8k.htm:1]** 
- The offering resulted in gross proceeds of approximately **$4 million**.  **[1624512_0001104659-25-092960_tm2526836d1_ex99-1.htm:0]** **[1624512_0001104659-25-092960_tm2526836d1_8k.htm:1]** 
- The net proceeds from the offering will be used for **working capital and debt reduction** as agreed upon with the Company’s senior lender.  **[1624512_0001104659-25-092960_tm2526836d1_ex99-1.htm:0]** **[1624512_0001104659-25-092960_tm2526836d1_8k.htm:1]** 
- The closing of the offering occurred on **September 24, 2025**.  **[1624512_0001104659-25-092960_tm2526836d1_8k.htm:1]**

Boxlight (BOXL)