Boxlight Regains Compliance with NASDAQ’s Minimum Bid Price Requirement
July 24 2020 - 9:37AM
Business Wire
Boxlight Corporation (NASDAQ: BOXL), a leading provider of
interactive technology solutions for the global education market,
today announced that it has regained compliance with the Nasdaq
minimum bid price continued listing requirement. Today, the Company
received a letter from Nasdaq stating that because the Company’s
shares had a closing bid price at or above $1.00 per share for ten
consecutive business days, the Company has regained compliance with
the Minimum Bid Price Requirement for continued listing on Nasdaq
and that the matter is now closed.
“We have made significant progress as a company in recent weeks
and it’s encouraging to see the positive validation from our
shareholders,” said Michael Pope, Boxlight’s CEO. “We will continue
to focus on driving shareholder value, and we look forward to
sharing several exciting growth opportunities in 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 enhance student outcomes, by developing the products they
need. The company develops, sells, and services its integrated,
interactive solution suite including software, classroom
technologies, professional development and support services. For
more information about the Boxlight story, visit
http://www.boxlight.com.
Forward-Looking Statements
This press release may contain information about Boxlight's view
of its future expectations, plans and prospects that constitute
forward-looking statements. Actual results may differ materially
from historical results or those indicated by these forward-looking
statements because of a variety of factors including, but not
limited to, risks and uncertainties associated with its ability to
maintain and grow its business, variability of operating results,
its development and introduction of new products and services,
marketing and other business development initiatives, competition
in the industry, etc. Boxlight encourages you to review other
factors that may affect its future results in Boxlight’s filings
with the Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20200724005303/en/
Media Sunshine Nance +1 360-464-2119 x254
sunshine.nance@boxlight.com
Investor Relations Michael Pope +1 360-464-4478
michael.pope@boxlight.com
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