# Boxlight Corp (BOXL) — capital_raise/atm_program [expired]
Source: SEC API (secapi.ai) · situation sit_4ae9f173b41eef48a21e · retrieved 2026-08-14T01:27:40.573Z

## Overview
Boxlight Corporation is an educational services company that provides interactive display and learning technology solutions.

Boxlight Corporation entered into a Securities Purchase Agreement on August 5, 2026, to sell 937,500 shares of Series D Convertible Preferred Stock at $8.00 per share (reflecting a 20% original issue discount on a $10.00 stated value) for aggregate gross proceeds of $7,500,000, payable in two tranches: $5,500,000 at closing and $2,000,000 upon effectiveness of a resale registration statement (subject to a 60-calendar-day outside date and satisfaction of stockholder approvals and SEC reporting compliance conditions). Concurrently, the Company established an Equity Purchase Agreement with a $15,000,000 maximum commitment amount for the sale of Class A Common Stock over a 36-month period at 95% of market price. The Preferred Stock is convertible into Class A Common Stock, ranks senior to common stock on liquidation, accrues a 20% per annum default dividend upon specified trigger events, and is subject to a 4.99% beneficial ownership limitation and a 19.99% exchange cap (absent stockholder approval). The Company also entered into a Registration Rights Agreement requiring filing of a resale registration statement within 30 days and effectiveness within 60 days, with 5% monthly liquidated damages for registration failures.

## Terms
- Counterparty: Multiple accredited investors · Deal value: $7.5M · Consideration: cash · Price/share: $8

## Key dates
- Expired 2026-08-11

## Timeline
- 2026-08-11 · 8-K (0001213900-26-087806): 8-K - Boxlight Corp — *Boxlight Corporation is an educational services company that provides interactive display and learning technology solutions.* Boxlight Corporation entered into a Securities Purchase Agreement on August 5, 2026, to sell 937,500 shares of Series D Convertible Preferred Stock at $8.00 per share (reflecting a 20% original issue discount on a $10.00 stated value) for aggregate gross proceeds of $7,500,000, payable in two tranches: $5,500,000 at closing and $2,000,000 upon effectiveness of a resale registration statement (subject to a 60-calendar-day outside date and satisfaction of stockholder approvals and SEC reporting compliance conditions). Concurrently, the Company established an Equity Purchase Agreement with a $15,000,000 maximum commitment amount for the sale of Class A Common Stock over a 36-month period at 95% of market price. The Preferred Stock is convertible into Class A Common Stock, ranks senior to common stock on liquidation, accrues a 20% per annum default dividend upon specified trigger events, and is subject to a 4.99% beneficial ownership limitation and a 19.99% exchange cap (absent stockholder approval). The Company also entered into a Registration Rights Agreement requiring filing of a resale registration statement within 30 days and effectiveness within 60 days, with 5% monthly liquidated damages for registration failures.
  https://www.sec.gov/Archives/edgar/data/1624512/0001213900-26-087806.txt

## Citations
- 0001213900-26-087806 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026087806