SEC Company Response from Boxlight Corp (BOXL) (CIK 0001624512) (BOXL) — Sep 3, 2015
Boxlight Corp (BOXL) (CIK 0001624512)
Date: Sept. 3, 2015 · CIK: 0001624512 · Accession: 0001493152-15-004176
AI Filing Summary & Sentiment
File numbers found in text: 333-204811
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CORRESP
1
filename1.htm
CORRESP
BOXLIGHT
CORPORATION
1045
PROGRESS CIRCLE
LAWRENCEVILLE,
GA 30043
September
3, 2015
Amanda Ravitz,
Assistant Director
Securities
and Exchange Commission
Division
of Corporation Finance
100 F Street,
NE
Washington,
DC 20549
Re: Boxlight
Corporation (formerly known as Logical Choice Corporation)
Amendment No. 5 Registration
Statement on Form S-1
Filed August 10, 2015
Registration No. 333-204811
Dear Ms.
Ravitz:
This
letter is being filed to the respond to oral comments by the staff of the United States Securities and Exchange Commission (the
“Staff”), to Tahra Wright at Loeb & Loeb LLP, our legal counsel
1. Please
advise when the Certificates of Designations of the Series A, B and C Convertible Preferred Stock will be filed.
RESPONSE:
The Certificates of Designations for each series will be filed when the Registration Statement is declared effective.
2. Please
advise if you have considered if there is any additional disclosure needed on the the impact of the conversion of the shares of
Class B Common Stock.
RESPONSE:
The shares of Class B common stock are issuable upon exercise of stock options and are convertible into shares of Class A
Common Stock only at such time that the holder determines to sell such shares. We have included in the Sections entitled “The
Offering,” and “Description of Capital Stock” that the shares of Class B common stock are issuable upon exercise
of stock options and are convertible into shares of Class A Common upon the sale by the holder. In addition, we have disclosed
that those shares are excluded from the pro forma number of shares of common stock outstanding, as adjusted, after the offering,
as is the case with all other convertible securities where the issuance of shares underlying such securities will not occur upon
consummation of the offering.
If
you require any additional information on these issues, or if the Company can provide you with any other information that will
facilitate your continued review of this filing, please advise us at your earliest convenience. You may reach me at (404) 891-1122.
In addition, please contact Mitchell S. Nussbaum of Loeb & Loeb LLP at (212) 407-4159 if you have any questions or require
additional information.
Sincerely,
BOXLIGHT CORPORATION
By:
/s/ Mark Elliott
Name:
Mark Elliott
Title:
Chief Executive Officer