Company: FOXX
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006111
Chunk: 9

Company: Foxx Development Holdings Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 9
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 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” means the accounting principles generally accepted in the United States of America. “ Warrant” means the redeemable warrants of the Company, exercisable for one share of Common Stock at an exercise price of $11.50. viii FORWARD-LOOKING STATEMENTS This prospectus contains forward -lookingstatements that involve substantial risks and uncertainties. The Private Securities Litigation Reform Act of 1995 (the “PSLRA”) provides safe harbor protections for forward -lookingstatements in order to encourage companies to provide prospective information about their business. Forward -lookingstatements include, without limitation, our expectations concerning the outlook for our business, productivity, plans and goals for future operational improvements and capital investments, operational performance, future market conditions or economic performance and developments in the capital and credit markets and expected future financial performance, as well as any information concerning possible or assumed future results of operations. We desire to take advantage of the safe harbor provisions of the PSLRA and is including this cautionary statement in connection with this safe harbor legislation. All statements other than statements of historical facts contained in this prospectus, including statements regarding our future financial position, business strategy and plans and objectives of management for future operations, are forward -lookingstatements. In some cases, you can identify forward -lookingstatements by words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “strategy,” “future,” “opportunity,” “may,” “target,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward -lookingstatements involve a number of risks, uncertainties and assumptions, and actual results or events may differ materially from those implied in those statements. Important factors that