tiprankstipranks
Trending News
More News >

Boxlight Director Resigns to Address Nasdaq Compliance

Story Highlights
Boxlight Director Resigns to Address Nasdaq Compliance

Confident Investing Starts Here:

Boxlight ( (BOXL) ) just unveiled an announcement.

On June 16, 2025, James Mark Elliott, a non-executive director of Boxlight Corporation, resigned to help the company address its non-compliance with Nasdaq Rule 5605(b)(1), which mandates that a majority of the board be independent directors. His resignation was not due to any disagreement with the company’s operations or policies, and Boxlight plans to retain him as an advisor and potentially re-elect him once compliance is achieved.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.

Spark’s Take on BOXL Stock

According to Spark, TipRanks’ AI Analyst, BOXL is a Neutral.

Boxlight’s overall score is primarily hampered by its poor financial performance, characterized by declining revenues, consistent losses, high leverage, and negative cash flows. Technical analysis and corporate events further contribute to a negative outlook, while valuation concerns are highlighted by a negative P/E ratio and lack of dividends.

To see Spark’s full report on BOXL stock, click here.

More about Boxlight

Average Trading Volume: 22,701

Technical Sentiment Signal: Sell

Current Market Cap: $4.69M

See more data about BOXL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1