Joy Yi Hua - 26 Sep 2024 Form 3 Insider Report for Foxx Development Holdings Inc. (FOXX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
3
Accepted by SEC
26 Sep 2024, 17:00:06 UTC
Prior SEC filing
09 Jun 2022
Next SEC filing
26 Jun 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joy Yi Hua

Key filing fact

Joy Yi Hua filed Form 3 for Foxx Development Holdings Inc. (FOXX) on 26 Sep 2024.

Key facts

  • This page summarizes Joy Yi Hua's Form 3 filing for Foxx Development Holdings Inc. (FOXX).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Sep 2024, 17:00.

Change

  • Previous filing in this sequence was filed on 09 Jun 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FOXX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,156,250
Date
26 Sep 2024
Ownership
See footnote
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FOXX holding Derivative

Warrants

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
26 Sep 2024
Ownership
See Footnote
Underlying class
Common Stock
Underlying amount
7,843,923
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

In connection with the closing of the initial business combination of Acri Capital Acquisition Corporation ("ACAC"), pursuant to certain business combination agreement by and among ACAC, Acri Capital Merger Sub I Inc., a Delaware corporation and subsidiary of the ACAC ("PubCo"), Acri Capital Merger Sub II Inc., a Delaware corporation and subsidiary of the PubCo ("Merger Sub"), and Foxx Development Inc., a Texas corporation ("Foxx"), dated February 18, 2024, 2,156,250 shares of common stock and 7,843,923 warrants of PubCo (now known as "Foxx Development Holdings Inc." the "Issuer") were issued to Acri Capital Sponsor LLC on the date hereof. Ms. Joy Yi Hua is the manager of Acri Capital Sponsor LLC and thus, is deemed to beneficially own all such 2,156,250 shares of Common Stock and 7,843,923 warrants held by Acri Capital Sponsor LLC in the Issuer.

Footnote F2

Acri Capital Sponsor LLC is the record holder of the shares reported herein.

Footnote F3

As described in a certain Warrant Assumption Agreement, dated the date hereof, between the Issuer, ACAC and Vstock Transfer, LLC (the "Warrant Agent"), which amends a certain Warrant Agreement, dated June 9, 2022, between ACAC and the Warrant Agent (the "Warrant Agreement"), the warrants may be exercised only commencing on September 26, 2024 and terminating at 5:00 p.m., New York City time on the earlier to occur of (i) the date that is five(5) years after September 26, 2024, and (ii) at 5:00 p.m., New York City time on the Redemption Date as provided in Section 6.2 of the Warrant Agreement .

Footnote F4

Acri Capital Sponsor LLC is the record holder of the warrants reported herein.

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