Foxx Development Holdings Inc. received a deficiency letter from Nasdaq on July 22, 2026, notifying the company that its market value of listed securities closed below the $35 million threshold for thirty consecutive business days. The company has until January 19, 2027 to regain compliance by maintaining a minimum market value of $35 million for ten consecutive business days. Failure to meet this requirement may result in delisting from the Nasdaq Capital Market, though the company intends to monitor its status and consider options to restore compliance. Foxx Development Holdings Inc. operates as an investment holding company.