Boxlight Corp 8-K, filed Mar 18, 2020

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM8-K

CURRENTREPORT

Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (date of earliest event reported): March 12, 2020

BOXLIGHTCORPORATION

(Exact name of registrant as specified in its charter)

BOXLIGHT CORPORATION

1045 Progress Circle

Lawrenceville, Georgia 30043

(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:

Securities registered pursuant to Section 12(b) of the Act:

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 [X]

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. [  ]

As previously reported, on January 23, 2020, Boxlight Corporation, a Nevada corporation (the “Company”), reported that it had received notification from The Nasdaq Stock Market (“Nasdaq”) that it was not in compliance with Nasdaq Listing Rule 5605, which requires the Company to maintain a majority independent board of directors. On March 6, 2020, the Company supplied Nasdaq with its plan of compliance and, following Nasdaq’s review, on March 17, 2020, the Company received notification from Nasdaq that the Company has until May 21, 2020 to regain compliance with Nasdaq’s majority independent director requirement (Nasdaq Listing Rule 5605). The Company has every intention of regaining compliance with the Nasdaq Listing Rules prior to that date.

On March 12, 2020, one of the independent directors of Boxlight Corporation, James Clark, announced his resignation from the Company’s board of directors. He resigned for personal reasons and not related to any disagreement with the Company or its board.

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.