Welcome to our dedicated page for Foxx Development Holdings SEC filings (Ticker: FOXX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Foxx Development Holdings Inc. filings document the public-company reporting record for a consumer electronics and integrated IoT solutions issuer with Nasdaq-listed common stock and public warrants. Its 8-K reports cover material events such as Nasdaq listing-rule matters, governance changes, director compensation arrangements, proxy-related supplemental disclosures, and securities registered under Section 12(b).
The company’s filings also include late-report notices for periodic reports, emerging growth company status, annual meeting materials, and capital-structure details, including common stock with $0.0001 par value and warrants exercisable for common stock at a stated exercise price.
Foxx Development Holdings Inc. reported receiving a Nasdaq deficiency notice after its market value of listed securities fell below the $35 million threshold for 30 consecutive business days, as required by Nasdaq Listing Rule 5550(b)(2).
The company has until May 4, 2026 to regain compliance by having its market value close at $35 million or more for at least ten consecutive business days. If compliance is not regained, Nasdaq may initiate delisting, and the company would have the right to appeal.
The company said it will monitor its market value and may consider available options to regain compliance, while noting there is no assurance it will do so.
Foxx Development Holdings Inc. (FOXX) filed a Form S-8 to register securities for issuance under the Foxx Development Holdings Inc. 2024 Equity Incentive Plan. This filing is an administrative step that enables the company to grant equity awards to employees, directors, and other service providers pursuant to the plan.
The filing incorporates by reference the company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and the description of its common stock from prior filings. The company is incorporated in Delaware and lists its principal offices in Irvine, California, with “Joy” Yi Hua designated as the agent for service.
Foxx Development Holdings (FOXX) filed its annual report detailing a SPAC business combination completed on September 26, 2024 and subsequent Nasdaq listing of common stock and warrants. For the year ended June 30, 2025, revenue rose to $65.9 million, driven largely by mobile phones and new wearables, with three new wholesale customers accounting for 76% of sales. Gross profit was $4.8 million, while operating expenses increased to $14.5 million, resulting in a net loss of $9.0 million.
Mobile phone revenue reached $59.7 million; app service commission added $2.17 million at high margin. Interest expense was $5.0 million, partly offset by a $5.69 million gain from the change in fair value of earnout liabilities. Cash and cash equivalents were about $1.9 million, and operating cash outflow was $6.56 million. Management disclosed substantial doubt about the company’s ability to continue as a going concern.
The company issued 43,125 shares to EF Hutton at closing and authorized 1,454,019 shares under its 2024 Equity Incentive Plan. A Delaware class action was dismissed as moot on March 4, 2025, with FOXX agreeing to pay an $85,000 mootness fee.