Boxlight, which manufactures interactive projectors and other classroom materials, postponed its IPO on Thursday.
Boxlight's closest peer, SMART Technologies (Nasdaq: SMT), went public with a $2 billion market cap in July 2010. It is currently valued under $100 million.
The Lawrenceville, GA-based company was founded in 2001 and booked $35 million in sales for the 12 months ended March 31, 2015. It had planned to list on the Nasdaq under the ticker BOXL. Aegis Capital Corp. was set to be the sole bookrunner on the deal.
