Company: FOXX
Filing Date: 2025-01-10
Form Type: S-1
Source: 0001213900-25-002199
Chunk: 9

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-10
Form: S-1
Chunk 9
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2023. “ Nasdaq” means The Nasdaq Stock Market LLC and, as the context may require, any of the capital markets which it operates. “ Old Foxx” means Foxx Development Inc., a Texas corporation, prior to consummation of the Business Combination. “ Old Foxx Common Stock” means the common stock, par value $0.0001 per share, of Foxx. “ Old Foxx Stockholders” means the holders of Old Foxx Common Stock. “ Proposals” means each of the proposals to be considered for approval at the Special Meeting, as set forth in the section entitled “Summary Term Sheet”below. “ Public Stockholders” means holders of ACAC Class A Common Stock; “ Purchaser” means Foxx Development Holdings Inc., a Delaware corporation formerly known as “Acri Capital Merger Sub I Inc.”, prior to the Closing of the Business Combination. “ Reincorporation Merger” means the merger whereby ACAC merge with and into Purchaser. “ Reincorporation Merger Effective Time” means the effective time of the Reincorporation Merger, when the certificate of merger for the Reincorporation Merger is duly filed with the Secretary of State of the State of Delaware or at such other time specified in the certificates of merger. “ Representative” means the representative of the underwriters of the Initial Public Offering, i.e., D. Boral Capital (previously known as EF Hutton LLC, and as EF Hutton, division of Benchmark Investments, Inc.). “ Sarbanes -Oxley Act” means the Sarbanes -OxleyAct of 2002, as amended. “ SEC” means the U.S. Securities and Exchange Commission. “ Securities Act” means the Securities Act of 1933, as amended. “ Sponsor” means Acri Capital Sponsor LLC, a Delaware limited liability company. “ Transaction Financing” means any PIPE financing, private financing and redemption waiver, convertible debt, forward purchase agreement, backstop, or equity line of credit of cash actually raised by ACAC or Old Foxx in support of or in connection with the Business Combination. vii “ Trust Account” means the trust account with Wilmington Trust, National Association, acting as trustee, established for the benefit of Public Stockholders in connection with the Initial Public Offering. “ Trust Agreement” means an investment management trust account agreement, dated June 16, 2022, between ACAC and Wilmington Trust, National Association. “ U.S. GAAP