Deep-Dive Due Diligence AI Generated Report on Foxx Development Holdings Inc. Common Stock (FOXX)

Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.

These reports are generated using OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.

Disclaimer: This report is for informational purposes only. It does not constitute financial advice. Always do your own research before making any investment.


FOXX_OUT_1 [2025-03-27 13:37:03 -0400] 2226 Bytes | 552 tokens | Cum: 552 tkns (6.90% of 8k)
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We are in the 'Lightning Round' baby! It's 1:37:01 PM on Thu Mar 27, 2025 -0400, and I'm firing up the spotlight on Foxx Development (FOXX), moving from 4.05 to 4.87. Is this a can’t-miss rocket or a one-hit wonder? Let’s dissect the numbers!

Here's the first list of news for Foxx Development:

C1 - Feb-10-25 05:30PM - Foxx Development Expands Entertainment Offerings Through FreeCast Partnership
C2 - Jan-02-25 08:30AM - Foxx Development to Celebrate Milestone by Ringing Nasdaq Closing Bell on January 3, 2025
C3 - Sep-26-24 04:00PM - Foxx Development Closes Business Combination with Acri Capital Acquisition Corporation and Will Begin Trading on Nasdaq
C4 - Sep-13-24 04:05PM - Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
C5 - Aug-27-24 05:00PM - Acri Capital Acquisition Corporation and Foxx Development Inc. Announce Business Combination Approval by Acri Capital Acquisition Corporation Stockholders
C6 - Jul-12-24 04:15PM - Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
C7 - Jun-12-24 04:00PM - Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
C8 - Apr-10-24 04:30PM - Acri Capital Acquisition Corporation Announces Confidential Submission of Draft Registration Statement on Form S-4 and Extension of the Deadline for an Initial Business Combination

ONLY 3 RULES for AI:
==============
1) I am a document retrieval system. You are the analyst-investigator.
2) You can request items from my lists to get more info on Foxx Development (FOXX)
3) AFTER requesting and reading News and SEC filings you'll write a summary, set a score, high price target and headline.
Now, your response should be only 2 or 3 chars. You can say ex., C1, C2, etc., or NEX
The NEX command delivers the NEXt list of News/SEC/Metrics
There are several more lists that use our unified document retrieval system in subsequent prompts.
Your predictons will be compared to reality to rate your accuracy. Try to predict accurately. GOOD LUCK!
Please request a document, read, summarize and score. Say something like "C1".

FOXX_IN_2 [2025-03-27 13:37:03 -0400] 2 Bytes | 2 tokens | Cum: 554 tkns (6.93% of 8k)
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C1

FOXX_OUT_3 [2025-03-27 13:37:06 -0400] 1106 Bytes | 302 tokens | Cum: 856 tkns (10.70% of 8k)
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Showing C1 (chunk 1 of 6): C1:
**Foxx Development Expands Entertainment Offerings Through FreeCast Partnership**
Date: Feb-10-25 05:30PM
Source: (GlobeNewswire)
URL: https://www.globenewswire.com/news-release/2025/02/10/3023839/0/en/Foxx-Development-Expands-Entertainment-Offerings-Through-FreeCast-Partnership.html

February 10, 2025 17:30 ET| Source:Foxx Development Holdings Inc.Foxx Development Holdings Inc.

Irvine, CA, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Foxx Development Holdings Inc. (“Foxx Development” or “Company”) (Nasdaq: FOXX), a leading provider of consumer electronics and integrated Internet-of-Things (IoT) solutions for retail and institutional clients, today announced that it has entered into a strategic distribution agreement with FreeCast Inc. so that FreeCast's streaming platform will be available to users of the Company's mobile device portfolio. The new integration will give Foxx Development's us

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

FOXX_IN_4 [2025-03-27 13:37:06 -0400] 3 Bytes | 2 tokens | Cum: 858 tkns (10.72% of 8k)
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MOR

FOXX_OUT_5 [2025-03-27 13:37:11 -0400] 1098 Bytes | 223 tokens | Cum: 1081 tkns (13.51% of 8k)
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Showing C1 (chunk 2 of 6): ers immediate access to FreeCast's entertainment hub, consolidating hundreds of streaming services into a single user-friendly interface.

Under the agreement, FreeCast's all-in-one streaming platform will be installed on hundreds of thousands of smartphones and tablets of the Company to expand its out-of-box entertainment offerings. Users will gain immediate access to FreeCast's entertainment hub, which features over 700 free channels, extensive on-demand content, and integration with major streaming services, including Netflix, Amazon Prime Video, HBO Max, and Hulu. FreeCast's intelligent universal search feature enables users to easily discover content across all platforms, while its innovative YouBundle feature simplifies subscription management by consolidating multiple streaming services into a single monthly bill.

"Modern content consumers face increasing complexity in their stre

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

FOXX_IN_6 [2025-03-27 13:37:11 -0400] 515 Bytes | 90 tokens | Cum: 1171 tkns (14.64% of 8k)
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The company has partnered with FreeCast to install its all-in-one streaming platform on hundreds of thousands of its smartphones and tablets. This will provide users with immediate access to FreeCast's entertainment hub that includes over 700 free channels, extensive on-demand content, and integration with major streaming services such as Netflix, Amazon Prime Video, HBO Max, and Hulu. This feature aims to simplify subscription management by consolidating multiple streaming services into a single monthly bill.

FOXX_OUT_7 [2025-03-27 13:37:13 -0400] 380 Bytes | 87 tokens | Cum: 1258 tkns (15.72% of 8k)
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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

FOXX_IN_8 [2025-03-27 13:37:13 -0400] 2 Bytes | 2 tokens | Cum: 1260 tkns (15.75% of 8k)
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A1

FOXX_OUT_9 [2025-03-27 13:37:20 -0400] 253 Bytes | 85 tokens | Cum: 1345 tkns (16.81% of 8k)
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Showing A1 (chunk 1 of 1): A1:
Document A1 not found. Only 0 articles available.

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

FOXX_IN_10 [2025-03-27 13:37:20 -0400] 373 Bytes | 68 tokens | Cum: 1413 tkns (17.66% of 8k)
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It seems like there has been a misunderstanding. As a financial analyst, I can provide financial advice, analyze financial data, and help with investment decisions. However, I don't have access to documents or the ability to provide more sections or different items. Can you please provide more context or ask a specific question related to financial analysis or investing?

FOXX_OUT_11 [2025-03-27 13:37:21 -0400] 372 Bytes | 97 tokens | Cum: 1510 tkns (18.88% of 8k)
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This is our final list of news.
News AI can literally read just by asking.
Don't miss the breaking news!

B1 - 2025-02-10T22:30:00Z - Foxx Development Expands Entertainment Offerings Through FreeCast Partnership

Request an article by its reference number. (Ex., "B1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

FOXX_IN_12 [2025-03-27 13:37:22 -0400] 2 Bytes | 2 tokens | Cum: 1512 tkns (18.90% of 8k)
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B1

FOXX_OUT_13 [2025-03-27 13:37:27 -0400] 743 Bytes | 191 tokens | Cum: 1703 tkns (21.29% of 8k)
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Showing B1 (chunk 1 of 1): B1:
**Foxx Development Expands Entertainment Offerings Through FreeCast Partnership**Date: Unknown DateSource: Unknown SourceURL: https://www.globenewswire.com/news-release/2025/02/10/3023839/0/en/Foxx-Development-Expands-Entertainment-Offerings-Through-FreeCast-Partnership.htmlFoxx Development Holdings Inc. has entered into a strategic distribution agreement with FreeCast Inc. to integrate FreeCast's streaming platform into Foxx's mobile device portfolio, providing users with access to a wide range of entertainment content and services.

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

FOXX_IN_14 [2025-03-27 13:37:27 -0400] 328 Bytes | 55 tokens | Cum: 1758 tkns (21.98% of 8k)
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Foxx Development Holdings Inc. has entered into a strategic distribution agreement with FreeCast Inc. This partnership will allow Foxx Development to integrate FreeCast's streaming platform into its mobile device portfolio. This integration will provide users with access to a wide variety of entertainment content and services.

FOXX_OUT_15 [2025-03-27 13:37:28 -0400] 1095 Bytes | 316 tokens | Cum: 2074 tkns (25.92% of 8k)
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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2025-02-14 10-Q PART I: FIN INFO

Item 1. - Fin Stmnts

FOXX DEVELOPMENT HOLDINGS INC.

COND CONS BAL SHEETS

December 31, June 30, 2024 2024 (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash $ 3,943,043 $ 587,448 A/R, net of allowance...

S2 - 2025-02-10 8-K Item7.01. Regulation FD Disclosure

On February 10, 2025, Foxx Development Holdings Inc. (Foxx) issued a press release to announce that it entered into a strategic distribution agreement with FreeCast Inc. so that FreeCast's streaming platform will be available to users of Foxx'...

S3 - 2025-01-02 8-K Item7.01. Regulation FD Disclosure

On January 2, 2024, Foxx Development Holdings Inc. (Foxx) issued a press release to announce that it will ring the Nasdaq Closing Bell on Friday, January 3, 2025.

A copy of the press release is furnished as Exhibit 99.1 hereto . The informati...

Request filing by its reference number. (Ex., "S1" gets the first item)
You can say NEX to go to the next listing.
Response limited to 3 chars.

FOXX_IN_16 [2025-03-27 13:37:28 -0400] 2 Bytes | 2 tokens | Cum: 2076 tkns (25.95% of 8k)
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S1

FOXX_OUT_17 [2025-03-27 13:37:34 -0400] 1098 Bytes | 360 tokens | Cum: 2436 tkns (30.45% of 8k)
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Showing S1 (chunk 1 of 6): S1:
PART I: FINANCIAL INFORMATION

Item 1. - Financial Statements

FOXX DEVELOPMENT HOLDINGS INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

December 31, June 30, 2024 2024 (Unaudited) (Audited) ASSETS CURRENT ASSETS Cash $ 3,943,043 $ 587,448 Accounts receivable, net of allowance for credit loss of $ 63,000 and $ 0 as of December 31, 2024 and June 30, 2024, respectively 7,643,068 251,894 Inventories 15,765,492 1,768,072 Contract assets 1,603,267 1,682,289 Prepaid expenses and other current assets 1,019,250 44,116 Amount due from related party -

140 Total Current Assets 29,974,120 4,333,959 PROPERTY AND EQUIPMENT, NET 187,367 142,619 NON-CURRENT ASSETS Operating right-of-use assets 1,170,527 405,758 Deferred transaction costs -

462,177 Security deposits 603,716 29,909 Total Non-current Assets 1,774,243 897,844 Total Assets $ 31,935,730 $ 5,374,422 LIABILITIES AND SHAREHOLDERS EQUIT

--> You can ask for 1) More of this item with: MOR, 2) the NEXt section with: NEX, or 3) a different item by it's handle (ex. C3, S2) (only 3 chars don't summarize yet)

FOXX_IN_18 [2025-03-27 13:37:35 -0400] 433 Bytes | 88 tokens | Cum: 2524 tkns (31.55% of 8k)
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Based on the provided financial information for Foxx Development Holdings Inc., the company's total assets significantly increased from $5,374,422 in June 2024 to $31,935,730 in December 2024. The increase is primarily due to a significant rise in current assets, particularly cash, accounts receivable, and inventories. The company's non-current assets also increased, especially operating right-of-use assets and security deposits.

FOXX_OUT_19 [2025-03-27 13:37:53 -0400] 3697 Bytes | 1033 tokens | Cum: 3557 tkns (44.46% of 8k)
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This is our set of metrics.
Please analyze the numbers.

+---------------------+----------------------+------------------------+-------------------+
| Volume: 2,719 | Perf Month: -11.75% | Option/Short: No / Yes | Sales Y/Y TTM: - |
+---------------------+----------------------+------------------------+-------------------+
| Avg Volume: 644.34K | Perf Quarter: -3.75% | Short Float: 1.19% | ROE: 1.14% |
+---------------------+----------------------+------------------------+-------------------+
| Rel Volume: 0.01 | Index: - | Short Ratio: 0.03 | ROI: 8.80% |
+---------------------+----------------------+------------------------+-------------------+
| RSI (14): 52.76 | Market Cap: 35.53M | Short Interest: 0.02M | Sales Surprise: - |
+---------------------+----------------------+------------------------+-------------------+
| ATR (14): 0.56 | Shs Outstand: 7.28M | Beta: 0.00 | EPS Surprise: - |
+---------------------+----------------------+------------------------+-------------------+
| SMA20: 3.00% | Shs Float: 1.45M | Sales Q/Q: - | P/E: 108.93 |
+---------------------+----------------------+------------------------+-------------------+
| SMA50: 7.75% | Inst Own: 3.14% | Sales past 5Y: 0.00% | Earnings: - |
+---------------------+----------------------+------------------------+-------------------+
| SMA200: -40.01% | Insider Own: 80.11% | Employees: - | |
+---------------------+----------------------+------------------------+-------------------+
| Perf Week: 2.52% | Insider Trans: 0.00% | Debt/Eq: 0.59 | |
+---------------------+----------------------+------------------------+-------------------+

The next section covers any insider trading.
If this section may be blank due to no recent filings.

[Company Financial Summary]
[Company Details]
Name: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 23112052.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -2266789.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 4.7
Average Volume: 33104.3
30-Day High: 5.82
30-Day Low: 4.05

[Detailed Financials: Q1 2025]
- Total Assets: $49,547,691.0
- Total Liabilities: $49,090,453.0
- Total Equity: $457,238
- Current Assets: $47,554,303.0
- Current Liabilities: $47,949,557.0

[Income Statement: Q1 2025]
- Revenue: $23,112,052.00
- Net Income: N/A
- Gross Profit: N/A
- Operating Income: N/A
- Earnings Per Share (EPS): -0.65

[Cash Flow Statement: Q1 2025]
- Net Cash Flow: $28,004,553.0
==== END OF FINANCIAL REPORT ====

You are now requested to make a summary analysis.
Save explaining why you didn't have enough information for the final survey.

Now, complete this report with the following:

1) Brief Summary: explain your findings in succinct wording.
2) MARKET_SCORE: If you calculate a 92% likelihood of an upward moves, say: MARKET_SCORE[92]
3) PRICE_TARGET: If you think the high today will be 50% higher, add to the price.
Eg., If the current price is $5.00, add 50%. Thus, PRICE_TARGET[$7.50] -- It should be at or above the current price.
4) Provide a thought-provoking take, 6-10 words, to use for the headline of this news story.
Like this: AI_RPT_HEADLINE: [6-12 words headline for news story, distilled from summary]

1) Brief Summary, 2) MARKET_SCORE, 3) PRICE_TARGET, and 4) AI_RPT_HEADLINE

FOXX_IN_20 [2025-03-27 13:37:53 -0400] 1229 Bytes | 273 tokens | Cum: 3830 tkns (47.88% of 8k)
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1) Brief Summary:
The company's performance over the past month and quarter has been negative, with a significant 11.75% dip in the last month and a 3.75% decrease over the last quarter. On a more positive note, the company's Relative Strength Index (RSI) is 52.76, which suggests a balanced market condition. The company's average volume is quite low, but insiders hold a substantial 80.11% of shares. The company's high P/E ratio of 108.93 indicates investors are expecting high future earnings. However, with the lack of information on sales and earnings, it's challenging to project the company's future financial health accurately.

2) MARKET_SCORE[50]

Given the information available, I can only approximate a 50% likelihood of an upward move. This score is based on the balanced RSI, the substantial insider ownership, and the high P/E ratio, balanced against negative recent performance and missing financial data.

3) PRICE_TARGET[$5.25]

Considering the recent performance, the current price, and the available data, I anticipate a conservative 10% increase in the short term. This results in a price target of $5.25.

4) AI_RPT_HEADLINE: ["Insider Ownership and High P/E Ratio Present Potential Despite Recent Dips"]

FOXX_OUT_21 [2025-03-27 13:37:56 -0400] 676 Bytes | 167 tokens | Cum: 3997 tkns (49.96% of 8k)
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Finally, if more data could have improved your confidence which would you have chosen? **Choose one option:**
-> X0 <- Nothing more would have helped my analysis
-> X1 <- More stock-specific news
-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes
-> X3 <- More SEC Insider Trading (Form 3, 4, 5) Direct buys/sells from executives and institutions
-> X4 <- Broader sector & market news
-> X5 <- Your past analysis on similar companies (specify metrics)
-> X6 <- More financial metrics
-> X7 <- Your past analysis on this exact company
-> X8 <- Something altogether different (explain...)

FOXX_IN_22 [2025-03-27 13:37:56 -0400] 94 Bytes | 28 tokens | Cum: 4025 tkns (50.31% of 8k)
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-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes

FOXX_IN_23 [2025-03-27 13:37:57 -0400] 126 Bytes | 29 tokens | Cum: 4054 tkns (50.68% of 8k)
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====================================
[2025-03-27 10:37:57] # Analysis Completed
Elapsed Time: 56.65 seconds




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