---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-040241"
form_type: "8-K"
ticker: "FOXX"
cik: "0002013807"
company_name: "Foxx Development Holdings Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T14:47:08.838838+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Foxx Development replaces auditor Marcum with CBIZ; cites material internal control weaknesses

## Summary
- Marcum resigned as independent auditor on May 1, 2025; Audit Committee accepted.
- CBIZ CPAs P.C. appointed as new independent auditor effective May 1, 2025 for FY ending June 30, 2025.
- Material weaknesses in internal controls identified for FY2024, including segregation of duties and documentation gaps.
- No disagreements with Marcum on accounting principles or audit scope during 2023, 2024, or interim periods.
- Marcum's 2023 and 2024 audit reports included going-concern explanatory paragraphs.

## SEC filing metadata
- accession: 0001213900-25-040241
- form_type: 8-K
- ticker: FOXX
- cik: 0002013807
- company_name: Foxx Development Holdings Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2013807/000121390025040241/0001213900-25-040241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2013807/000121390025040241/ea0240966-8k_foxx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-040241
- JSON: https://secwatch.observer/filing/0001213900-25-040241.json
- Plain text: https://secwatch.observer/filing/0001213900-25-040241.txt

## Key facts
- Auditor Changes
  Foxx Development Holdings Inc. engaged CBIZ CPAs P.C. as its auditor.
  - Action: engagement
  - Auditor: CBIZ CPAs P.C.
  source text: The Audit Committee approved the appointment of CBIZ CPAs P.C. ("CBIZ") as the Company's new independent registered public accounting firm on May 1, 2025, with immediate effect, for the fiscal year ending June 30, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2013807/000121390025040241/0001213900-25-040241-index.htm
- Auditor Changes
  Marcum LLP resigned as auditor of Foxx Development Holdings Inc..
  - Action: resignation
  - Auditor: Marcum LLP
  source text: On May 1, 2025, Marcum resigned as the independent registered public accounting firm of Foxx Development Holdings Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2013807/000121390025040241/0001213900-25-040241-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.