Company: FOXX
Filing Date: 2025-01-10
Form Type: S-1
Source: 0001213900-25-002199
Chunk: 198

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-10
Form: S-1
Chunk 198
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-term loan — related party

|              |     | June 30, 
 2024     |   |     | June 30, 
 2023     |        |
|:-------------|:----|:---------|:--|:----|:---------|-------:|
| Executive(1) |     | $        | — |     | $        | 91,235 |

____________

(1)

Related party transactions

|              | Name of Related Party |                                                                           | Relationship |   |    For the 
 Year Ended 
   June 30, 
       2024 |     |   |    For the 
 Year Ended 
   June 30, 
       2023 |
|:-------------|:----------------------|:--------------------------------------------------------------------------|:-------------|:--|-----------:|:----|:--|-----------:|
| Company B(1) |                       | Controlled by the immediate family member of the executive of the Company |              | $ |     91,168 |     | $ |    272,080 |

____________

(1)On September 1, 2022, the Company entered into an agreement with Company B for the research and development project.

|              | Name of Related Party |                                        | Relationship |   |    For the 
 Year Ended 
   June 30, 
       2024 |     |   |    For the 
 Year Ended 
   June 30, 
       2023 |
|:-------------|:----------------------|:---------------------------------------|:-------------|:--|-----------:|:----|:--|-----------:|
| Company A(1) |                       | Owned by the executives of the Company |              | $ |    324,000 |     | $ |     25,000 |

____________ (1)On September 1, 2022, the Company entered into a consulting agreement to receive consulting services provided by a consulting company which is owned by the executives of the Company.

Note 12 — Short-term loans

|                       |     |   | June 30, 
     2024 |     |   | June 30, 
     2023 |
|:----------------------|:----|:--|---------:|:----|:--|---------:|
| Lender A(1)           |     | $ |  261,208 |     | $ |  261,208 |
| Lender B(2)           |     |   |