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Foxx Development Holdings Inc.

corporate_fare Company Profile

Foxx Development Holdings Inc.

FOXX·NASDAQ·Technology·CIK 0002013807

Foxx Development Holdings Inc. is a technology innovation firm founded in Texas in 2017, specializing in the communications sector. The company provides comprehensive hardware and software specifications to original design manufacturers. After products are developed, Foxx Development Holdings Inc. works with third-party agencies for testing and certifications, including Equipment Authorizations from the FCC and certifications from the Global Mobile Suppliers Association. The company offers Foxx-branded products such as tablets, smartphones, and wearables. Products are priced competitively, considering product costs, research and development investments, regulatory compliance, testing expenses, and shipping costs. Foxx Development Holdings Inc.'s customers are primarily distributors who sell Foxx-branded products in U.S. public channels and to major U.S. carriers including T-Mobile, AT&T, and Verizon. The company expanded its presence to San Francisco, CA, Dallas, TX, Atlanta, GA, Los Angeles, CA, Miami, FL, and New York, NY, to provide sales, retail, distribution, and after-sales support. Foxx Development Holdings Inc. also conducts research and development to pioneer new customization standards and services. E-Commerce operations began in March 2024, serving customers including those from the TikTok Shop. Additionally, the company provides an App Service by installing applications from App developer partners onto its mobile devices and facilitating their distribution to end users. Foxx Development Holdings Inc. was incorporated as a Delaware corporation on November 13, 2023, under the name "Acri Capital Merger Sub I Inc."

Foxx Development Holdings Inc. (NASDAQ:FOXX) is a publicly traded company in the Technology sector. Wiseek monitors FOXX SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Foxx Development Reports Massive Net Loss and Worsening Working Capital Deficit, Raises Substantial Doubt About Going Concern
  • Investment Firm Acquires 28.34% Stake in Foxx Development for $1.88 Million
  • Investment Firm Acquires 33.43% Stake in Foxx Development Holdings for $3.2 Million
  • Major Shareholder Increases Stake in Foxx Development with $253K Warrant Purchase
  • CFO & Chairwoman Sells Over $5.3M in Stock and Warrants, Reducing Stake to ~29%

Financial Snapshot

Fiscal year ended June 30, 2025
Revenue
$65.92M
Net Income
-$9.02M
Diluted EPS
-$1.47
Op. Cash Flow
-$6.56M
Free Cash Flow
-$6.63M
Gross Profit
$4.77M
Operating Income
-$9.7M
Cash & Equivalents
$1.88M
Total Debt
$73.42K
Debt / Equity
-0.01×
Net Margin
-13.7%
Shares Outstanding
6.78M sh
Source: 10-K · filed 2025-10-15 · accession 0001213900-25-098953
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$2.95 -0.20% today
52-week range · as of 2026-05-20 $1.71 – $8.88
Market cap
$22.18M
Volume
93.1K (0.0× avg)
3-mo avg 3.2M
Live data · 2026-06-14 06:17 UTC · Market closed

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feed FOXX - Latest Insights

FOXX
May 20, 2026, 4:54 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $3.94
Real-time Price: $2.95 info
Change: -$0.990 (-25%) info
Market Cap: $22.18M info
FOXX
May 08, 2026, 7:48 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $5.00
Real-time Price: $2.95 info
Change: -$2.05 (-41%) info
Market Cap: $22.18M info
FOXX
May 08, 2026, 6:30 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $5.09
Real-time Price: $2.95 info
Change: -$2.14 (-42%) info
Market Cap: $22.18M info
FOXX
May 05, 2026, 6:14 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
7
Price at Filing: $4.76
Real-time Price: $2.95 info
Change: -$1.81 (-38%) info
Market Cap: $22.18M info
FOXX
May 05, 2026, 6:14 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
9
Price at Filing: $4.76
Real-time Price: $2.95 info
Change: -$1.81 (-38%) info
Market Cap: $22.18M info
FOXX
May 04, 2026, 9:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $4.90
Real-time Price: $2.95 info
Change: -$1.94 (-40%) info
Market Cap: $22.18M info
FOXX
Mar 18, 2026, 2:45 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $4.46
Real-time Price: $2.95 info
Change: -$1.51 (-34%) info
Market Cap: $22.18M info
FOXX
Mar 12, 2026, 11:33 AM EDT
Filing Type: 144
Importance Score:
8
Price at Filing: $3.85
Real-time Price: $2.95 info
Change: -$0.900 (-23%) info
Market Cap: $22.18M info
FOXX
Feb 13, 2026, 4:25 PM EST
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $4.94
Real-time Price: $2.95 info
Change: -$1.99 (-40%) info
Market Cap: $22.18M info