Boxlight, which manufactures interactive projectors and other classroom materials, announced terms for its IPO on Tuesday.
The Lawrenceville, GA-based company plans to raise $20 million by offering 1.8 million shares at a price range of $10 to $12. At the midpoint of the proposed range, Boxlight would command a fully diluted market value of $96 million.
Boxlight, which was founded in 2001, plans to list on the Nasdaq under the symbol BOXL. Aegis Capital Corp. is the sole bookrunner on the deal.
