Boxlight Regains Nasdaq Compliance After Meeting Equity and Governance Requirements
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Boxlight Corporation has regained compliance with Nasdaq listing requirements, allowing its stock to continue trading. The company met the minimum stockholders’ equity requirement of $2.5 million and addressed regulatory concerns by increasing its authorized Class A common stock, raising capital through a stock offering and warrant exercises, and converting Series C Preferred Stock to common stock. Nasdaq confirmed compliance with equity and governance rules but will continue to monitor the company's status.
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