Boxlight Corp 8-K/A, filed May 10, 2022
Boxlight Corp (BOXL)
About this 8-K/A
Boxlight Corp filed this 8-K/A on May 10, 2022, reporting on events of May 5, 2022.
Items reported
- Item 2.02: Financial results
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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).
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Explanatory Note
This Current Report on Form 8-K/A amends and restates the Current Report on Form 8-K originally dated May 5, 2022 for purposes of including our press release as Exhibit 99.1, and which incorporates a correction to the adjusted EBITDA number reported in the May 5, 2022 press release.
Item 2.02Results of Operations and Financial Condition.
On May 10, 2022, Boxlight Corporation, a Nevada corporation (the “Company”), issued a press release updating its press release dated May 5, 2022, to announce it will hold a conference call to announce its First Quarter 2022 financial results on Thursday, May 12, 2022 at 4:30 p.m. Eastern Time.
The conference call details are as follows:
Date: | Thursday, May 12, 2022 | ||||
Time: | 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time | ||||
Dial-in: | 1-877-545-0523 (Domestic) 1-973-528-0016 (International) | ||||
Participant Access Code: | 597977 | ||||
Webcast: | https://www.webcaster4.com/Webcast/Page/2213/45498 | ||||
For those unable to participate during the live broadcast, a replay of the conference call will be available until 11:59 p.m. Eastern Time on Friday, May 12, 2023, by dialing 1-877-481-4010 (domestic) and 1-919-882-2331 (international) and referencing the replay passcode 45498.
A copy of the press release is attached hereto and incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (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 of 1933, as amended, only if and to the extent that such subsequent filing specifically references such information.
Item 9.01Financial Statements and Exhibits.
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99.1 |
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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.
Dated: | May 10, 2022 |
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BOXLIGHT CORPORATION | |
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By: | /s/ Patrick Foley | |
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Name: | Patrick Foley | |
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Title: | Chief Financial Officer | |
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Boxlight to Hold First Quarter 2022 Financial Results Conference Call
LAWRENCEVILLE, Ga.--(BUSINESS WIRE) --Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions, will hold its First Quarter 2022 results conference call on Thursday, May 12, 2022 at 4:30 p.m. Eastern Time. The conference details are as follows:
Date: | Thursday, May 12, 2022 | |
Time: | 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time | |
Dial-in: | 1-877-545-0523 (Domestic) 1-973-528-0016 (International) | |
Participant Access Code: | 597977 | |
Webcast: | https://www.webcaster4.com/Webcast/Page/2213/45498 | |
For those unable to participate during the live broadcast, a replay of the conference call will be available until 11:59 p.m. Eastern Time on Friday, May 12, 2023, by dialing 1-877-481-4010 (domestic) and 1-919-882-2331 (international) and referencing the replay passcode 45498.
“We made progress during the first quarter across a number of key company initiatives and delivered another strong financial performance, exceeding our revenue guidance of $44 million revenue. We expect to report Adjusted EBITDA below our previous Q1 guidance of $2.0 million. The first quarter guidance of $2.0 million included an $0.8 million gain for PPP loan forgiveness, and upon review this has been revised to subtract the gain from the Adjusted EBITDA calculation to be consistent with similar charges reported in prior periods” commented Michael Pope, CEO and Chairman at Boxlight. “Despite continued supply chain and logistics challenges, we are experiencing growing demand for our solutions globally and our team continues to perform at a high level.”
Senior management will be available for questions from the investment community following prepared remarks.
About Boxlight Corporation
Boxlight Corporation (Nasdaq: BOXL) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch®, FrontRow™ and Mimio®. The Company 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 because 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. Boxlight encourages you to review other factors that may affect its future results in its filings with the SEC.
Media Relations
Sunshine Nance
+1 360-464-2119 x254
sunshine.nance@boxlight.com
Investor Relations
+1 360-464-4478
investor.relations@boxlight.com