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8-K

Boxlight Corp (BOXL)

8-K 2023-02-22 For: 2023-02-22
View Original
Added on April 08, 2026

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): February 22, 2023

BOXLIGHT CORPORATION

(Exact name of registrant as specified in its charter)

Commission file number 001-37564

Nevada 8211 46-4116523
(State of<br><br>Incorporation) (Primary Standard Industrial<br><br>Classification Code Number.) (IRS Employer<br><br>Identification No.)

BOXLIGHT CORPORATION

2750 Premiere Parkway, Ste. 900

Duluth, Georgia 30097

(Address Of Principal Executive Offices) (Zip Code)

678-367-0809

(Registrant’s Telephone Number, Including Area Code)

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 $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 2.02Results of Operations and Financial Condition.

On February 22, 2023, Boxlight Corporation, a Nevada corporation (the “Company”), issued a press release to announce it will hold a conference call to announce its Fourth Quarter and Full Year 2022 financial results on Wednesday, March 15, 2023 at 4:30 p.m. Eastern Time.

The conference call details are as follows:

Date: Wednesday, March 15, 2023
Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time
Dial-in: 1-888-506-0062 (Domestic)<br><br>1-973-528-0011 (International)
Participant Access Code: 793328
Webcast: https://www.webcaster4.com/Webcast/Page/2213/47530<br><br>​

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 Wednesday, March 29, 2023, by dialing 1-877-481-4010 (domestic) and 1-919-882-2331 (international) and referencing the replay passcode 47530.

A copy of the press release is attached as Exhibit 99.1 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.

Exhibit No. Description
99.1 Press Release, dated February 22, 2023.
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: February 22, 2023
BOXLIGHT CORPORATION
By: /s/ Greg Wiggins
Name: Greg Wiggins
Title: Chief Financial Officer

Exhibit 99.1

Graphic

Boxlight to Hold Fourth Quarter and Full Year 2022

Financial Results Conference Call

DULUTH, Ga.--(BUSINESS WIRE)--Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions, will hold its Fourth Quarter and Full Year 2022 earnings conference call on Wednesday, March 15, 2023 at 4:30 p.m. Eastern Time. The conference details are as follows:

Date: Wednesday, March 15, 2023
Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time
Dial-in: 1-888-506-0062 (Domestic)<br><br>1-973-528-0011 (International)
Participant Access Code: 793328
Webcast: https://www.webcaster4.com/Webcast/Page/2213/47530

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 Wednesday, March 29, 2023, by dialing 1-877-481-4010 (domestic) and 1-919-882-2331 (international) and referencing the replay passcode 47530.

“We look forward to sharing our fourth quarter financial performance and providing updates on our overall progress as a company,” commented Michael Pope, CEO and Chairman at Boxlight. “While we experienced slowing customer demand during the second half of 2022, which we believe to be temporary, we delivered stronger than expected profitability including a fourth quarter Adjusted EBITDA exceeding our guidance of $2 million. We in turn used the additional cash generated from operations to pay down $8.5 million on our credit facility during the fourth quarter, reducing our debt leverage and strengthening our overall balance sheet.”

The Company will file a Form 8-K which will include Boxlight financial statements based on its audited results, prior to the earnings call on March 15. The Company will subsequently file its annual report on Form 10-K.

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 www.boxlight.com, www.clevertouch.com and 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

Greg Wiggins

+1 360-464-4478

investor.relations@boxlight.com