Boxlight Corp (BOXL) Form S-1/A — Oct 22, 2026
Boxlight filed an S-1/A to register the resale of up to 47,466,613 shares of Class A common stock by selling stockholders — against only about 844,556 shares currently outstanding. The registered shares cover Series D preferred conversions, a $15 million equity line with Secure Net Capital LLC, and J.J. Astor inventory-finance conversions. The company receives no proceeds from the resale itself, though it has received $5.5 million of a $7.5 million Series D placement and may draw up to $15 million under the ELOC at 95% of lowest VWAP.
Key figures
- Deal Value Usd
- 15000000
- Gross Proceeds
- 5500000
- Offering Price
- 0
- Shares Offered
- 47466613
- Shares Outstanding
- 844556
- Eloc commitment
- 15000000
- Series d shares
- 937500
- Series d stated value
- 10
- Proposed reverse split
- up to 1-for-1,000
- Series d gross proceeds
- 7500000
- Series e gross proceeds
- 850000
- Closing price 2026 10 21
- 2.85
- Dilution full conversion pct
- 94.7% of outstanding common stock
- Eloc purchase price discount
- 95% of lowest VWAP
- Series d initial floor price
- 0.616
- Series e initial floor price
- 0.95
- Jj astor current ownership pct
- 19.8%
- Series d purchase price per share
- 8
- Authorized share increase proposal
- 55,000,000 to 500,000,000
- Inventory finance debt outstanding approx
- 2300000
- Registration late filing liquidated damages
- 5% per 30 days plus 18% interest
AI analysis
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