Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 801

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 3
Chunk 801
---
 ($)  
    Equity Awards ($) 
    All Other Compensation ($)
  
    Greg Foley 

    Chief Executive Officer; 

    Executive Vice President of Business Development of the Operating Subsidiary 
    $275,000  
     265,833  
     N/A  
    N/A 
    N/A
  
    Haitao Cui 

    Executive Vice President; Chief Executive Officer of the Operating Subsidiary 
    $300,000  
     290,000  
     N/A  
    N/A 
    N/A
  
    “Joy” Yi Hua 

    Chairwoman and Chief Financial Officer; 

    Chief Financial Officer of the Operating Subsidiary 
    $--  
     290,000  
     N/A  
    N/A 
    N/A
  
    James Liao 

    Chief Technology Officer; 

    Chief Technology Officer of the Operating Subsidiary 
    $180,000  
     177,000  
     N/A  
    N/A 
    N/A

36

Each of the executive officers has entered into an Employee Proprietary
Information and Invention Assignment Agreement, agreeing to certain non-disclosure, non-solicitation and non-compete obligations, as well
as the assignment of all innovations and associated intellectual property rights created, discovered, conceived or developed in the course
of employment with, in reliance upon the confidential information of, or using the resources of the Company.

Director
Compensation

We have entered into offer letters with each of the independent directors,
pursuant to which each independent director is entitled to receive $100,000 in cash compensation per year, subject to the review and determination
by the Board.

ITEM
12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 

The
following table sets forth information regarding the beneficial ownership of our common stock as of the date of this report by:

    ●
    each person known by us
    to be the beneficial owner of more than 5% of our outstanding shares of common stock;

    ●
    each of our executive officers
    and directors that beneficially owns shares of our common stock; and

    ●
    all our executive officers
    and directors as a group.

Except as otherwise noted, to the knowledge of the Company, all persons
listed below have sole voting and