Foxx Development Closes Business Combination with Acri Capital Acquisition Corporation and Will Begin Trading on Nasdaq
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2024
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Source: Newsfilter
Business Combination Announcement: Foxx Development Inc. successfully completed its business combination with Acri Capital Acquisition Corporation, resulting in the formation of Foxx Development Holdings Inc., which will begin trading on Nasdaq under the ticker symbols "FOXX" and "FOXXW" starting September 27, 2024.
Company Vision and Future Plans: The new public company aims to enhance its innovation and customer-centric design in consumer electronics and IoT solutions, with a focus on expanding its market presence and creating an interconnected future through technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
