Foxx Development Holdings Inc. 8-K Report: Key Stock Insights and Warrant Details

Based on the provided section of the financial report for Foxx Development Holdings Inc., here are the key pieces of information extracted:
- Entity Identification:
- Name: Foxx Development Holdings Inc.
- CIK: 0002013807
- SEC File Number: 001-42285
- EIN: 99-5119494
- Address: 13575 Barranca Parkway C106, Irvine, CA 92618
- Phone: 201-962-5550
- Report Type: Form 8-K
- Filing Date: February 15, 2025
- Stock Information:
- Common Stock Par Value: $0.0001 per share
- Warrants: Each whole warrant is exercisable for one share of common stock at an exercise price of $11.50.
- Stock Classes:
- Common Stock: Identified as "FOXX"
- Warrants: Identified as "FOXXW"
- Trading Information:
- Market: NASDAQ
- Period of Report:
- The financial data is as of the date: February 15, 2025.
Insights:
- Warrant Details: The warrants provide the opportunity for investors to purchase common stock at a specified price ($11.50), which can indicate potential future dilution of shares if exercised.
- Low Par Value: The par value of the common stock is notably low ($0.0001), which is common for many companies, especially in early-stage or growth contexts.
- Recent Filing: This report is recent (as of February 2025), indicating active engagement with regulatory requirements and possibly reflecting ongoing business developments or changes in capital structure.
Conclusion:
The filing provides essential information about Foxx Development Holdings Inc.'s stock structure, including its common stock and warrants, alongside corporate identification details. The low par value and exercise price of the warrants may be relevant for investors assessing the company's capital strategy and potential for future growth.