M&A
confidence high
sentiment positive
materiality 0.70
Foxx Development closes SPAC merger with Acri Capital; to trade on Nasdaq as FOXX and FOXXW
Foxx Development Holdings Inc.
- Business combination with Acri Capital Acquisition Corporation closed on September 26, 2024; stockholders approved on August 27.
- Common stock and warrants begin trading on Nasdaq on September 27 under tickers 'FOXX' and 'FOXXW'.
- Post-combination company Foxx Development Holdings Inc.; CEO Greg Foley and Chairwoman/CFO 'Joy' Yi Hua continue in roles.
- Foxx is a consumer electronics and IoT solutions company catering to retail and institutional clients.