Boxlight Corporation Announces 1-for-6 Reverse Stock Split

Boxlight Corporation announced that its Board of Directors has approved a 1-for-6 reverse stock split of its Class A common stock. This action is intended to increase the stock's closing bid price to above $1.00 per share and ensure continued compliance with Nasdaq Listing Rule 5550(a)(2). The reverse stock split will become effective on December 22, 2025, with trading on a split-adjusted basis commencing on December 23, 2025, under the symbol "BOXL". The total authorized shares of Class A common stock will be reduced from 25,000,000 to 4,166,667. Proportional adjustments will be made to equity awards, warrants, and convertible preferred stock. Fractional shares will be rounded up to the nearest whole share, and no cash will be paid for fractional shares. Stockholders are not required to take any action as their accounts will be automatically adjusted.