tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Foxx Development Receives Nasdaq Deficiency Letter

Story Highlights
Foxx Development Receives Nasdaq Deficiency Letter

TipRanks Black Friday Sale

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

On November 5, 2025, Foxx Development Holdings received a deficiency letter from Nasdaq, indicating that its market value of listed securities had fallen below the $35 million threshold required for continued listing on the Nasdaq Capital Market. The company has until May 4, 2026, to regain compliance by ensuring its market value closes at $35 million or more for ten consecutive business days. Failure to comply could lead to delisting, though the company may appeal such decisions. Foxx Development Holdings plans to monitor its market value actively and consider options to meet the compliance requirements.

More about Foxx Development Holdings

Average Trading Volume: 23,410

Technical Sentiment Signal: Sell

Current Market Cap: $21.36M

Find detailed analytics on FOXX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1