
Boxlight Corporation (NASDAQ:BOXL) (&#34;Boxlight&#34; or the &#34;Company&#34;), a leading provider of interactive technology solutions, today announced the closing of a private placement on August 6, 2026, of shares

<p xmlns="http://www.w3.org/1999/xhtml">
Boxlight Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BOXL">BOXL</a>) ("Boxlight" or the "Company"), a leading provider of interactive technology solutions, today announced the closing of a private placement on August 6, 2026, of shares of its newly designated Series D Convertible Preferred Stock, par value $0.0001 per share (the "Series D Preferred Stock"), to certain accredited investors for aggregate gross proceeds of up to $7,500,000, of which $5,500,000 was funded at the initial closing, before deducting placement agent fees and other offering expenses.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In connection with the private placement, the Company entered into a Securities Purchase Agreement with the purchasers, pursuant to which the Company agreed to issue and sell an aggregate of 937,500 shares of Series D Preferred Stock at a purchase price of $8.00 per share, each share having a stated value of $10.00, reflecting a 20% original issue discount. The aggregate subscription amount of $7,500,000 is payable in two tranches: $5,500,000 at the initial closing and $2,000,000 upon effectiveness of a resale registration statement, subject to certain conditions.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Each share of Series D Preferred Stock is convertible into shares of the Company’s Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), at a conversion price equal to the greater of (i) the adjusted floor price then in effect and (ii) 80% of the lowest closing price of the Class A Common Stock during the five consecutive trading days ending on and including the trading day immediately prior to the applicable conversion date. The Series D Preferred Stock is subject to a 4.99% beneficial ownership limitation.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Concurrently with the private placement, the Company entered into an Equity Purchase Agreement (the "Equity Line") with Secure Net Capital LLC, pursuant to which the Company has the right, but not the obligation, to sell to Secure Net Capital LLC up to $15,000,000 of the Company’s Class A Common Stock from time to time over a 36-month period, subject to certain conditions, including the effectiveness of a resale registration statement. As consideration for Secure Net Capital LLC’s commitment under the Equity Line, the Company agreed to issue shares of Class A Common Stock having an aggregate value of $150,000 (the "Commitment Shares"), with the number of Commitment Shares determined in accordance with the Equity Purchase Agreement. In connection with the Equity Line, the Investor may elect to receive pre-funded warrants to purchase Class A Common Stock at an exercise price of $0.0001 per share in lieu of certain commitment shares, subject to the beneficial ownership limitation.

</p><p xmlns="http://www.w3.org/1999/xhtml">
RBW Capital Partners LLC, securities offered through Dawson James Securities, Inc, acted as the exclusive placement agent for the private placement.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company intends to use the net proceeds from the private placement for general corporate purposes, including working capital and the retirement of debt.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The securities described above were offered and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 of Regulation D promulgated thereunder. The securities have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Boxlight Corporation</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Boxlight Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BOXL">BOXL</a>) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch&#xAE;, FrontRow&#x2122;, Mimio&#xAE;, and Symphony&#x2122;. 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 visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.boxlight.com&amp;esheet=54587915&amp;newsitemid=20260811968029&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.boxlight.com&amp;index=1&amp;md5=dbdba07c7d3ea639969776fdf4e622d2" shape="rect">http://www.boxlight.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The information in this press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as "believes," "expects," "intends," "plans," "estimates," "assumes," "may," "should," "will," "seeks" or other similar expressions. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. Further information on factors that could cause Boxlight’s actual results to differ materially from the results anticipated by Boxlight’s forward-looking statements is included in the reports Boxlight has filed with the U.S. Securities and Exchange Commission. Boxlight does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260811968029r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260811968029/en/" rel="nofollow">https://www.businesswire.com/news/home/20260811968029/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media &amp; Investor Relations 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor.relations@boxlight.com" shape="rect">investor.relations@boxlight.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>+1 360-464-4478

</p>

BOXL

Boxlight Corporation Announces Initial Closing of Private Placement

Boxlight secures up to $7.5 million in private placement and adds equity line

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Boxlight Corporation (NASDAQ:BOXL) (&amp;#34;Boxlight&amp;#34; or the &amp;#34;Company&amp;#34;), a leading provider of interactive technology solutions, today announced the closing of a private placement on August 6, 2026, of shares</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Boxlight announced the private placement of Series D Convertible Preferred Stock for up to $7.5 million, with $5.5 million funded at closing and $2 million upon registration effectiveness, plus an Equity Line offering up to $15 million over 36 months. This provides near-term liquidity and funding optionality, potentially supporting debt retirement and growth initiatives, albeit with equity dilution risk from convertibles and future share issuances.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Boxlight closes Series D private placement up to $7.5M; $5.5M funded at close.</li><li>Issuance: 937,500 Series D Preferred at $8/share; $10 stated value; 20% OID.</li><li>Conversion price floor: greater of adjusted floor or 80% of five-day low; 4.99% ownership cap.</li><li>Equity Line with Secure Net Capital up to $15M over 36 months; $150k commitment shares.</li><li>Proceeds to general corporate purposes, including working capital and debt retirement.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Boxlight Corporation (BOXL)</strong>: Private placement and equity line bolster liquidity; potential dilution from Series D convertibles.</li><li><strong>Secure Net Capital LLC (None)</strong>: Offers up to $15M equity line; enables staged equity sales and potential future dilution.</li><li><strong>RBW Capital Partners LLC (None)</strong>: Exclusive placement agent; coordinates structuring and closing of the private deal.</li><li><strong>Dawson James Securities, Inc. (None)</strong>: Securities offered through; facilitator of the private placement for Boxlight.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. This financing event alters Boxlight&#039;s capitalization and liquidity profile, signaling a material corporate-financing step rather than operating results or product strategy shifts.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Convertible preferred terms could lead to future dilution of Class A common stock.</li><li>Equity Line increases potential future equity issuance and share count.</li><li>Proceeds target debt retirement; potential improvement in cash burn and balance sheet.</li><li>Private, unregistered offering introduces dilution risk without immediate market price impact.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Aggregate gross proceeds up to $7.5 million; initial closing funded $5.5 million.</li><li>Issuance: 937,500 shares of Series D Preferred at $8.00 per share; stated value $10.00.</li><li>Conversion price equals greater of adjusted floor or 80% of the five-day low; 4.99% ownership cap.</li><li>Equity Line: up to $15 million of Class A Common Stock over 36 months; Commitment Shares valued at $150,000.</li><li>Use of proceeds: general corporate purposes, including working capital and debt retirement.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 6–12 months as new capital improves liquidity and funds growth initiatives.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Boxlight Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BOXL">BOXL</a>) ("Boxlight" or the "Company"), a leading provider of interactive technology solutions, today announced the closing of a private placement on August 6, 2026, of shares of its newly designated Series D Convertible Preferred Stock, par value $0.0001 per share (the "Series D Preferred Stock"), to certain accredited investors for aggregate gross proceeds of up to $7,500,000, of which $5,500,000 was funded at the initial closing, before deducting placement agent fees and other offering expenses.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In connection with the private placement, the Company entered into a Securities Purchase Agreement with the purchasers, pursuant to which the Company agreed to issue and sell an aggregate of 937,500 shares of Series D Preferred Stock at a purchase price of $8.00 per share, each share having a stated value of $10.00, reflecting a 20% original issue discount. The aggregate subscription amount of $7,500,000 is payable in two tranches: $5,500,000 at the initial closing and $2,000,000 upon effectiveness of a resale registration statement, subject to certain conditions.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Each share of Series D Preferred Stock is convertible into shares of the Company’s Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), at a conversion price equal to the greater of (i) the adjusted floor price then in effect and (ii) 80% of the lowest closing price of the Class A Common Stock during the five consecutive trading days ending on and including the trading day immediately prior to the applicable conversion date. The Series D Preferred Stock is subject to a 4.99% beneficial ownership limitation.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Concurrently with the private placement, the Company entered into an Equity Purchase Agreement (the "Equity Line") with Secure Net Capital LLC, pursuant to which the Company has the right, but not the obligation, to sell to Secure Net Capital LLC up to $15,000,000 of the Company’s Class A Common Stock from time to time over a 36-month period, subject to certain conditions, including the effectiveness of a resale registration statement. As consideration for Secure Net Capital LLC’s commitment under the Equity Line, the Company agreed to issue shares of Class A Common Stock having an aggregate value of $150,000 (the "Commitment Shares"), with the number of Commitment Shares determined in accordance with the Equity Purchase Agreement. In connection with the Equity Line, the Investor may elect to receive pre-funded warrants to purchase Class A Common Stock at an exercise price of $0.0001 per share in lieu of certain commitment shares, subject to the beneficial ownership limitation.

</p><p xmlns="http://www.w3.org/1999/xhtml">
RBW Capital Partners LLC, securities offered through Dawson James Securities, Inc, acted as the exclusive placement agent for the private placement.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company intends to use the net proceeds from the private placement for general corporate purposes, including working capital and the retirement of debt.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The securities described above were offered and sold in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 of Regulation D promulgated thereunder. The securities have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Boxlight Corporation</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Boxlight Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BOXL">BOXL</a>) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch&#xAE;, FrontRow&#x2122;, Mimio&#xAE;, and Symphony&#x2122;. 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 visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.boxlight.com&amp;esheet=54587915&amp;newsitemid=20260811968029&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.boxlight.com&amp;index=1&amp;md5=dbdba07c7d3ea639969776fdf4e622d2" shape="rect">http://www.boxlight.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The information in this press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as "believes," "expects," "intends," "plans," "estimates," "assumes," "may," "should," "will," "seeks" or other similar expressions. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. Further information on factors that could cause Boxlight’s actual results to differ materially from the results anticipated by Boxlight’s forward-looking statements is included in the reports Boxlight has filed with the U.S. Securities and Exchange Commission. Boxlight does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260811968029r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260811968029/en/" rel="nofollow">https://www.businesswire.com/news/home/20260811968029/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media &amp; Investor Relations 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investor.relations@boxlight.com" shape="rect">investor.relations@boxlight.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>+1 360-464-4478

</p>

Boxlight announced the private placement of Series D Convertible Preferred Stock for up to $7.5 million, with $5.5 million funded at closing and $2 million upon registration effectiveness, plus an Equity Line offering up to $15 million over 36 months. This provides near-term liquidity and funding optionality, potentially supporting debt retirement and growth initiatives, albeit with equity dilution risk from convertibles and future share issuances.

News insight

Boxlight Corporation Announces Initial Closing of Private Placement

AI summary

Sentiment rationale

Key facts

Corporate Developments