Foxx Development Holdings Inc

For the period ended Sep 30, 2024. Filed Nov 19, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 19, 2024

FOXX$1.50-6.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Shareholders’ Equity (Deficit) (unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGE IN SHAREHOLDERS’ EQUITY (DEFICIT)

Additional
Common stock · paid-in · Accumulated
	Shares*	Amount	capital	deficit	Total
BALANCE, June 30, 2024	3,303,333	$330	$7,024,162	$(11,026,928)	$(4,002,436)
Conversion of convertible promissory notes into common stock upon completion of reverse recapitalization	1,696,668	170	15,408,515	-	15,408,685
Issuance of common stock upon completion of reverse recapitalization	2,270,096	227	(2,100,865)	-	(2,100,638)
Earnout liabilities	-	-	(5,688,007)	-	(5,688,007)
Transaction costs	-	-	(893,577)	-	(893,577)
Net loss	-	-	-	(2,266,789)	(2,266,789)
BALANCE, September 30, 2024 (Unaudited)	7,270,097	$727	$13,750,228	$(13,293,717)	$457,238

Additional
Common stock · paid-in · Accumulated
	Shares*	Amount	capital	deficit	Total
BALANCE, June 30, 2023	3,303,333	$330	$7,024,162	$(7,596,286)	$(571,794)
Net loss	-	-	-	(546,831)	(546,831)
BALANCE, September 30, 2023 (Unaudited)	3,303,333	$330	$7,024,162	$(8,143,117)	$(1,118,625)

*	Giving retroactive effect to reverse recapitalization effected on September 26, 2024 to reflect exchange ratio of approximately 3.3033 as described in Note 4.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.