BOXL Boxlight Corporation

 

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): June 7, 2024

 

 

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, St. 900 Duluth, Georgia	30097
(Address of principal executive offices)	(Zip Code)

 

Registrant’s telephone number, including area code: (678) 367-0809

 

Not Applicable

(Former name or former 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
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 5.02       Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On June 7, 2024, the Board of Directors (the “Board”) of Boxlight Corporation (the “Company”) appointed Dale Strang as the Company’s Chief Executive Officer and principal executive officer. Mr. Strang had previously served as the Company’s Interim Chief Executive Officer since January 4, 2024.

 

Item 7.01        Regulation FD Disclosure.

 

On June 12, 2024, the Company issued a press release announcing the permanent Chief Executive Officer appointment noted above. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 7.01 by reference.

 

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. Such information may be incorporated by reference in another filing under the Exchange Act or the Securities Act, only if and to the extent that such subsequent filing specifically references such information.

 

Item 9.01        Financial Statements and Exhibits

 

Exhibit No.		Description
99.1		Press release, dated June 12, 2024
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.

 

Date: June 12, 2024	Boxlight Corporation
	By:	/s/ Dale Strang
		Dale Strang Chief Executive Officer
		(Duly Authorized Officer)

 

 

 

Exhibit 99.1

 

 

Boxlight Names Dale Strang as Permanent Chief Executive Officer

 

Board of Directors Unanimously Removes Interim Designation

 

Duluth, GA – Business Wire – June 12, 2024 – Boxlight Corporation (Nasdaq: BOXL) (“Boxlight” or the “Company”), a leading provider of interactive technology solutions, today announced that the Board of Directors has unanimously voted to name Dale Strang as Boxlight’s Chief Executive Officer. Mr. Strang was appointed as Interim Chief Executive Officer in January 2024.

 

“The Board is very pleased with the progress and direction of the Company shown under Dale’s leadership,” commented R. Wayne Jackson, non-executive Chairman of the Boxlight Board of Directors. “Over the last few months, Dale has led an effort to help streamline the organization and sharpened our go-to-market focus, putting the Company on the right path. Dale has the Board’s confidence and has demonstrated that he is the right person to lead the Company forward.”

 

Mr. Strang is an accomplished consumer technology, media and entertainment executive with over 35 years of experience leading organizations through periods of innovation, growth and turnaround. Mr. Strang has been a director of Boxlight since 2017 and has served on multiple committees, including as chair of the Company’s compensation committee.

 

“I am encouraged with the initial progress we have made, and while we have much more to achieve, we are increasingly well-positioned to take advantage of the opportunities in the fast-moving market we serve,” commented Mr. Strang. “I am excited about the opportunities in front of Boxlight, and committed to unlocking long-term, sustainable value for our customers, employees, and shareholders.”

 

About Boxlight Corporation

 

Boxlight Corporation (Nasdaq: BOXL) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch®, FrontRow™ and Mimio®. Boxlight aims to improve engagement and communication in diverse business and education environments. Boxlight develops, sells, and services its integrated solution suite including interactive displays, collaboration software, audio solutions, supporting accessories, and professional services. For more information about Boxlight and the Boxlight story, visit http://www.boxlight.com, https://www.clevertouch.com and https://www.gofrontrow.com.

 

Forward Looking Statements

 

This press release may contain information about Boxlight’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to maintain and grow its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives, and competition in the industry, among other things. Boxlight encourages you to review other factors that may affect its future results and performance in Boxlight’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, as filed on March 14, 2024.

 

Media

Sunshine Nance

+1 360-464-2119 x254

sunshine.nance@boxlight.com

 

Investor Relations

Greg Wiggins

+1 360-464-4478

investor.relations@boxlight.com

 

 

v3.24.1.1.u2

Cover	Jun. 07, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Jun. 07, 2024
Entity File Number	001-37564
Entity Registrant Name	BOXLIGHT CORPORATION
Entity Central Index Key	0001624512
Entity Tax Identification Number	36-4794936
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	2750 Premiere Parkway, St. 900
Entity Address, City or Town	Duluth
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30097
City Area Code	678
Local Phone Number	367-0809
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	BOXL
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false

---