BOXL · Boxlight Corporation

On April 20, 2026, Boxlight Corporation received a formal notice from the Nasdaq Listing Qualifications Department stating that the Company failed to satisfy the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market. Specifically, the Company reported stockholders' equity of $1,255,000 in its Annual Report on Form 10-K for the period ended December 31, 2025, which is significantly below the $2,500,000 minimum threshold mandated by Nasdaq Listing Rule 5550(b)(1). The filing explicitly notes that as of the report date, the Company does not meet the alternative Nasdaq continued listing standards, limiting its immediate options for curing the deficiency through alternative criteria.

Nasdaq has granted the Company until June 4, 2026, to submit a plan to regain compliance. If Nasdaq accepts the plan, the Company may receive an extension of up to 180 calendar days from the date of the initial letter to evidence full compliance. The Company stated it is currently evaluating various courses of action and intends to submit a timely plan. While management expressed confidence in regaining compliance within the allotted period, the filing includes standard cautionary language that there can be no assurance the plan will be accepted or that compliance will be achieved. Failure to regain compliance could result in delisting, though the Company would have the right to appeal any adverse decision to a Nasdaq Hearings Panel. Currently, the notice has no immediate effect on the trading status of the Company's common stock.