Company: FOXX
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006111
Chunk: 137

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 137
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 the Securities Act may be permitted to directors or executive officers, we have been informed that in the opinion of the SEC such indemnification is against public policy and is therefore unenforceable. Transfer Agent The Transfer Agent for the Common Stock and Warrants is VStock Transfer, LLC. Listing of Common Stock and Warrants Our Common Stock and Warrants are listed on Nasdaq under the symbols “FOXX” and “FOXXW,” respectively. 89 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES The following is a general discussion of the material U.S. federal income tax consequences to non -U.S. holders (as defined below) with respect to their purchase, ownership and disposition of our Common Stock purchased in this offering. This discussion is for general information purposes only, is not tax advice and does not purport to be a complete analysis of all the potential tax considerations. This discussion is based upon the provisions of the Internal Revenue Code of 1986, as amended, or the Code, existing Treasury Regulations promulgated thereunder, current administrative rulings and judicial decisions, all in effect as of the date hereof. These authorities may be changed, possibly retroactively, so as to result in U.S. federal income tax consequences different from those set forth below. We have not sought any ruling from the Internal Revenue Service, or IRS, with respect to the statements made and the conclusions reached in the following summary, and there can be no assurance that the IRS will agree with such statements and conclusions. This discussion does not address the tax considerations arising under the laws of any U.S. state, local or non -U.S. jurisdiction or under U.S. federal gift and estate tax laws. In addition, this discussion does not address any tax considerations applicable to an investor’s particular circumstances or to investors that may be subject to special tax rules, including, without limitation: •banks, insurance companies, regulated investment companies, real estate investment trusts or other financial institutions; •persons subject to the alternative minimum tax or the Medicare contribution tax on net investment income; •tax -exemptorganizations or governmental organizations; •controlled foreign corporations, passive foreign investment companies and corporations that accumulate earnings to avoid U.S. federal income tax; •brokers or dealers in securities or currencies; •traders in securities that elect to use a mark -to -marketmethod of accounting for their securities holdings; •persons that own, or are deemed to own, more than five percent of our Common Stock; •certain former citizens or long -