UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (date of earliest event reported): September 15, 2021
BOXLIGHT CORPORATION
(Exact name of registrant as specified in its charter)
Nevada | 8211 | 46-4116523 | ||
(State of Incorporation) | (Primary Standard Industrial Classification Code Number.) | (IRS Employer Identification No.) |
BOXLIGHT CORPORATION
1045 Progress Circle
Lawrenceville, Georgia 30043
(Address Of Principal Executive Offices) (Zip Code)
678-367-0809
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock $0.0001 per share | BOXL | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry Into Material Definitive Agreement.
On September 15, 2021, with an effective date of September 1, 2021 (the “Effective Date”), Boxlight, Inc., a wholly owned subsidiary of Boxlight Corporation, a Nevada corporation (the “Company”), entered into an employment agreement (the “Employment Agreement”) with Aleksandra Leis, Senior Vice President of Professional Development of Boxlight Inc. Under the terms of the Employment Agreement, Ms. Leis will receive compensation of $160,000 per year, an additional quarterly bonus of up to $10,000 beginning in the quarter ending September 30, 2021 depending on the achievement of certain goals as set by the CEO of the Company, along with the ability to participate in such fringe benefit plans and programs as may be generally available to senior staff of the Company from time to time. The Employment Agreement has an initial term of two years, thereafter to be renewed annually or subject to mutual agreement of Boxlight Inc. and Ms. Leis.
The foregoing description of the Employment Agreement does not purport to describe all of the terms of such agreement and is qualified in its entirety by reference to such agreement, which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
10.1 | Employment Agreement, dated September 15, 2021, between Boxlight Corporation and Aleksandra Leis. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 20, 2021 | ||
BOXLIGHT CORPORATION | ||
By: | /s/ Michael Pope | |
Name: | Michael Pope | |
Title: | Chief Executive Officer |