Clear Street LLC reports 10.5% stake in FOXX

Foxx Development Holdings Inc. disclosure shows Clear Street LLC beneficially owns 735,549 shares of Common Stock, representing 10.5% of the class as reported 05/05/2026.

Rhea-AI Filing Summary

Foxx Development Holdings Inc. disclosure shows Clear Street LLC beneficially owns 735,549 shares of Common Stock, representing 10.5% of the class as reported 05/05/2026. The filing states Clear Street LLC has sole voting and sole dispositive power over these shares.

Insights

Corporate Governance Analyst

Clear Street LLC reports a >10% stake with sole voting and dispositive power.

The filing lists 735,549 shares and a 10.5% ownership stake as of 05/05/2026. The filer is identified as Clear Street LLC with an address at 4 World Trade Center, New York.

Control attributes are explicit: the filing records sole voting power and sole dispositive power for the full share count. Subsequent disclosures or transactions would appear in future ownership amendments.

Key Figures

Shares beneficially owned: 735,549 shares Percent of class: 10.5% Sole voting power: 735,549 shares +1 more

4 metrics

Shares beneficially owned 735,549 shares reported on 05/05/2026

Percent of class 10.5% Common Stock ownership percentage

Sole voting power 735,549 shares shares over which filer has sole voting power

Sole dispositive power 735,549 shares shares over which filer has sole dispositive power

Key Terms

Schedule 13G, Beneficial ownership, Sole dispositive power

3 terms

Schedule 13G regulatory

"Item 1. (a) Name of issuer: Foxx Development Holdings Inc."

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficial ownership financial

"Item 4. (a) Amount beneficially owned: 735549"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole dispositive power regulatory

"Item 4. (c)(iii) Sole power to dispose or to direct the disposition of: 735549"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Clear Street LLC report in FOXX?

Clear Street LLC reports beneficial ownership of 735,549 shares, equal to 10.5% of FOXX Common Stock as of 05/05/2026. The filing states sole voting and dispositive power over those shares.

Who filed the Schedule 13G for FOXX?

The filing was made by Clear Street LLC, with an address at 4 World Trade Center, New York. The signatory is John DiBacco, Head of Markets Trading, dated 05/05/2026.

Does Clear Street LLC claim voting control over its FOXX shares?

Yes. The Schedule 13G lists sole power to vote 735,549 shares and sole power to dispose 735,549 shares, with 0 shared voting or dispositive power recorded.

Is Clear Street LLC’s holding reported as percentage of class in FOXX?

Yes. The filing states the holding represents 10.5% of the class. The percent is reported alongside the absolute share count of 735,549 in the Schedule 13G.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 12:41 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Foxx Development Holdings Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

351665104

(CUSIP Number)

05/05/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 351665104

1

Names of Reporting Persons

Clear Street LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 735,549.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

735,549.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.5 %

12

Type of Reporting Person (See Instructions)

BD

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Foxx Development Holdings Inc.
(b)	Address of issuer's principal executive offices: 13284 POND SPRINGS RD, STE 405, AUSTIN, TX, 78729
Item 2.
(a)	Name of person filing: Clear Street LLC
(b)	Address or principal business office or, if none, residence: 4 WORLD TRADE CENTER, 150 Greenwich St Floor 45 New York, NY 10007
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 351665104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 735549
(b)	Percent of class: 10.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 735549
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 735549
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10. Certifications:

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Clear Street LLC

Signature:	John DiBacco
Name/Title:	Head of Markets Trading
Date:	05/05/2026