LAWRENCEVILLE, Ga.--(BUSINESS WIRE)--Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology solutions for the global education market, today announced the closing of its previously announced underwritten public offering of 15,000,000 shares of its common stock at a public offering price of $2.00 per share. In addition, Boxlight granted to Maxim Group LLC a 45-day option to purchase up to an additional 2,250,000 shares of common stock, at the public offering price less underwriting discounts, of which Maxim Group LLC has fully exercised its option to purchase such 2,250,000 shares of common stock. Gross proceeds before deducting underwriting discounts, commissions and other offering expenses are approximately $34.5 million, inclusive of the over-allotment.

Maxim Group LLC acted as sole book-running manager and National Securities Corporation, a wholly owned subsidiary of National Holdings Corporation (NasdaqCM:NHLD) acted as a co-manager for the offering.

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.