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Foxx Development Holdings Appoints Michelle Jie Shen to Board

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Foxx Development Holdings Appoints Michelle Jie Shen to Board

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Foxx Development Holdings ( (FOXX) ) has provided an announcement.

On December 22, 2025, Foxx Development Holdings Inc. elected Michelle Jie Shen as a director, formalizing her role with an offer letter signed on January 20, 2026, that provides for an annual director fee of $60,000, subject to board review and adjustment. The company also entered into an indemnification agreement with Shen, applied retroactively to her December 22, 2025 start date, underscoring its commitment to protecting board members from certain legal liabilities associated with their corporate duties.

More about Foxx Development Holdings

Average Trading Volume: 1,002,536

Technical Sentiment Signal: Sell

Current Market Cap: $28.91M

For a thorough assessment of FOXX stock, go to TipRanks’ Stock Analysis page.

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