FOXXW

Foxx Development Holdings warrants are derivative securities that give holders the right to purchase Class A common stock at a predetermined price until the expiration date. Each warrant entitles the holder to buy one share of common stock at the exercise price specified in the warrant agreement. These warrants were issued as part of the company's business combination transaction and provide investors with leveraged exposure to the underlying equity. Warrants may expire worthless if not exercised before expiration or if the stock price remains below the exercise price.