Company: FOXX
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006111
Chunk: 128

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 128
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Short-term loan — related party Shot -termloan — related party consists of the following:

| Name of Related Party |     | Relationship                                                               |     | Nature |     | June 30, 
 2024     |     | June 30, 
 2023     |        |
|:----------------------|:----|:---------------------------------------------------------------------------|:----|:-------|:----|:---------|:----|:---------|-------:|
| Xiaoya Ren            |     | Former management and immediate family member of the sole Director of Foxx |     | Loan   |     | $        |     | $        | 91,235 |

Expenses

|                                                  | Name of Related Party |                                                                                     | Relationship |                               | Nature |   |       For the 
    Year Ended 
 June 30, 2024 |     |   |       For the 
    Year Ended 
 June 30, 2023 |
|:-------------------------------------------------|:----------------------|:------------------------------------------------------------------------------------|:-------------|:------------------------------|:-------|:--|--------------:|:----|:--|--------------:|
| Wuhan Haoxun Communication Technology Co. Ltd(1) |                       | Controlled by the immediate family member of the executive of the Foxx              |              | Research and Development fees |        | $ |        91,168 |     | $ |       272,080 |
| Azure Horizon LLC(2)                             |                       | Owned by former management and immediate family member of the sole Director of Foxx |              | Consulting fees               |        | $ |       324,000 |     | $ |        25,000 |

____________ (1)On September 1, 2022, Foxx entered into an agreement with Wuhan Haoxun Communication Technology Co., Ltd. (“Wuhan Haoxun”) for the research and development of 4G/5G CPE (Customer Premises Equipment) and Wi -Fi6 Router products. (2)On September 1, 2022, Foxx entered into a consulting agreement to receive consulting services provided by a consulting company which is owned by the executives of the Company.

84 DESCRIPTION OF SECURITIES The Common Stock and Warrants are listed on Nasdaq. Setting forth below is a description of the rights of the holders of Common Stock and Warrants. General The authorized capital stock of the Company consists of 50,000,000 shares of common stock, $0.0001 par value