NewsHK
Boxlight Corporation has entered into a securities purchase agreement with J.J. to raise $850,000 through the issuance of Series E Convertible Preferred Stock.
The transaction, disclosed in a Form 8-K filed with the Securities and Exchange Commission on September 30, 2026, involves the sale of 106,250 shares at a purchase price of $8.00 per share.
This price reflects a 20% original issue discount off the stated value of $10.00 per share, resulting in an aggregate stated value of $1,062,500.
The Series E Preferred Stock is convertible into shares of Boxlight’s Class A Common Stock.
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