Company: FOXX
Filing Date: 2025-11-10
Form Type: 8-K
Source: 0001213900-25-108203
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Company: Foxx Development Holdings Inc.
Filing Date: 2025-11-10
Form: 8-K
Item: Item 3.01
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing.

On November 5, 2025, the Company received a deficiency letter (the
“ Letter”) from the Nasdaq Listing Qualifications Department (the “ Staff”) of the Nasdaq Stock Market LLC (“ Nasdaq”)
notifying the Company that, for a period of 30 consecutive business days, the Company’s market value of listed securities (“ MVLS”)
closed below the $35,000,000 MVLS threshold required for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(2)
(the “ MVLS Rule”).

In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has
until May 4, 2026 to regain compliance with the MVLS Requirement (the “ Initial Compliance Period”). To regain compliance,
the Company’s MVLS must close at $35 million or more for a minimum of ten consecutive business days during the Initial Compliance
Period.

If the Company does not regain compliance by the end of the MVLS Compliance
Period, Nasdaq staff will provide written notice to the Company that its securities are subject to delisting. At that time, the Company
may appeal any such delisting determination to a hearings panel.

The Company intends to actively monitor its minimum market value of
its listed securities and may, if appropriate, consider implementing available options to regain compliance with the MVLS Requirement.
There can be no assurance that the Company will be able to regain compliance with Nasdaq Listing Rule 5550(b)(2), or maintain compliance
with any other listing requirements.

SIGNATURES