Boxlight Corporation Announces Initial Closing of Private Placement

Boxlight Corporation Shares Jump 57.54% After Hours - Boxlight (NASDAQ:BOXL)

Boxlight closed $7.5M Series D funding and established $15M equity line; shares surged 57.54% after-hours on August 6. Capital targets working capital and debt reduction for educational technology company; financing follows 96% stock decline, underscoring sector consolidation amid changing market demands.