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Boxlight faces Nasdaq delisting risk over stockholders' equity

July 2, 2026 4:37 PM

Boxlight Corporation (NASDAQ: BOXL) received written notice from Nasdaq on July 1, 2026, that its securities are subject to suspension and delisting due to non-compliance with the $2.5 million stockholders' equity requirement under Nasdaq Listing Rule 5550(b).

The notice was issued by the Listing Qualifications Staff of The Nasdaq Stock Market LLC. Boxlight said it plans to request a hearing before the Nasdaq Hearings Panel, which would stay any suspension or delisting action at least until the conclusion of the hearing and the expiration of any extension the Panel may grant.

At the hearing, Boxlight intends to present a plan to achieve compliance with the rule and request additional time to do so. The company acknowledged there is no assurance the Panel will grant continued listing or that it will be able to demonstrate compliance within any extension period that may be provided.

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