Boxlight Corporation (NASDAQ: BOXL), a leading provider of interactive technology solutions for the global education market, today announced that it is once again compliant with the continuous price listing requirement of minimum Nasdaq bid. Today, the Company received a letter from Nasdaq indicating that since the Company’s shares had a closing bid price of $ 1.00 or greater per share for ten consecutive business days, the Company has recovered the compliance with the minimum bid price requirement to maintain the Nasdaq listing and that the matter is now closed.
“We have made significant progress as a company in recent weeks and it is encouraging to see the positive validation from our shareholders,” said Michael Pope, CEO of Boxlight. “We will continue to focus on creating shareholder value and look forward to sharing several exciting growth opportunities over the coming months. ”
About Boxlight Corporation
Boxlight Corporation (Nasdaq: BOXL) is a leading provider of technology solutions for the global learning market. The company aims to improve learning and engagement in classrooms, and to help educators improve student outcomes, by developing the products they need. The company develops, sells and maintains its suite of integrated and interactive solutions including software, class technologies, professional development services and support. For more information on the history of Boxlight, visit http://www.boxlight.com.
This press release may contain information about Boxlight’s views on its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by such forward-looking statements due to various factors, including, but not limited to, the risks and uncertainties associated with its ability to maintain and develop its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives, competition in the sector, etc. Boxlight encourages you to consider other factors that may affect its future results in Boxlight’s files with the Securities and Exchange Commission.