Boxlight prices $2.8M at-the-market offering

Boxlight (BOXL) announced that it has entered into securities purchase agreements for the purchase and sale of 1,323,000 shares of its Class A common stock and warrants to purchase up to 1,323,000 shares of Common Stock in a private placement priced at-the-market under Nasdaq rules. The combined purchase price of each share of Common Stock together with the accompanying Warrant is $2.13. The Warrants will have an exercise price of $2.13 per share, will be exercisable six months following the date of issuance and will expire five and a half years from the date of issuance. A.G.P./Alliance Global Partners is acting as the sole placement agent for the private placement.