Boxlight Corp 8-K/A, filed Jul 14, 2022
Boxlight Corp (BOXL)
About this 8-K/A
Boxlight Corp filed this 8-K/A on July 14, 2022, reporting on events of March 29, 2022.
Items reported
- Item 1.01: Entered into a material agreement
- Item 2.04: Debt obligation accelerated or increased
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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Explanatory Note: This amendment to the Current Report on Form 8-K, dated March 29, 2022 and filed on April 4, 2022 (the “Original 8-K”), is being filed by Boxlight Corporation, a Nevada corporation (the “Company”), to correct a discrepancy in the disclosure related to the Company’s receipt of a notice of default from its senior lender, WhiteHawk Capital Partners, LP. All else contained within the Original 8-K remains unchanged.
Item 1.01. Entry into a Materially Definitive Agreement
On March 29, 2022, WhiteHawk Capital Partners LP (“WhiteHawk”) provided notice of default (the “Default Notice”) to Boxlight Corporation (the “Company”) which inadvertently included as Item 1 in the designated defaults (the “Designated Defaults”) on Exhibit A to the Default Notice a default in making certain payment obligations by February 28, 2022 (“February 2022 Payment”). In February 2022, WhiteHawk and the Company agreed in principle to an extension of the February 2022 Payment. As a result, notwithstanding the March 29, 2022 Default Notice, both WhiteHawk and the Company have agreed that the Company was not in default in making the February 2022 Payment to WhiteHawk, nor has any such payment default occurred since February 28, 2022.
Item 2.04Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under
an Off-Balance Sheet Arrangement
The disclosures set forth in Item 1.01 above are incorporated herein by reference.
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: | July 14, 2022 |
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BOXLIGHT CORPORATION | |
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By: | /s/ Michael R. Pope | |
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Name: | Michael R. Pope | |
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Title: | Chief Executive Officer | |
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