AGM/EGMMay 5, 2026, 06:09 AM
Boxlight Schedules 2026 Annual Meeting; Proposes Share Increase
AI Summary
Boxlight Corporation announced its 2026 Annual Meeting of Stockholders will be held virtually on June 2, 2026, at 12:30 p.m. ET. Shareholders will vote on the election of five directors, the ratification of Cherry Bekaert LLP as the independent auditor, and two proposals to increase authorized Class A common stock and approve future issuances. The board recommends voting "FOR" all proposals.
Key Highlights
- 2026 Annual Meeting to be held virtually on June 2, 2026, at 12:30 p.m. ET.
- Shareholders to elect five directors to serve until the 2027 Annual Meeting.
- Proposal to ratify Cherry Bekaert LLP as independent auditor for fiscal year 2026.
- Proposal to increase authorized Class A common stock from 4,166,667 to 55,000,000 shares.
- Proposal to approve future issuance of 20% or more of Class A common stock in non-public transactions.
- Non-employee directors receive an annual cash retainer of $35,000, plus committee fees.
- Chairman of the Board receives an annual retainer of $108,000.
- Cherry Bekaert LLP audit fees for 2025 were $660,000.
Price Impact
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