LAWRENCEVILLE, Ga.--(BUSINESS WIRE)--Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions for the global education market, today announced the pricing of its underwritten public offering of 15,000,000 shares of its common stock at a public offering price of $2.00 per share. The gross proceeds from the public offering will be approximately $30.0 million, before deducting underwriting discounts and commissions and estimated offering expenses.
Maxim Group LLC is acting as sole book-running manager and National Securities Corporation is acting as a co-manager for the offering.
Boxlight also has granted to the underwriter a 45-day option to purchase up to an additional 2,250,000 shares of common stock, at the public offering price less discounts and commissions.
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.