Foxx Development regains Nasdaq compliance on minimum market value rule
PUBT · 05/04 13:14
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- Foxx Development regained compliance with Nasdaq Capital Market listing rules tied to minimum market value of listed securities, closing a deficiency matter under Rule 5550(b)(2).
- Nasdaq flagged the stock on Nov. 5, 2025, for failing to keep market value at or above USD 35 million for 30 consecutive business days.
- Nasdaq determined the company met the USD 35 million threshold for 15 straight business days from March 31, 2026, through April 21, 2026.
- Shares and public warrants will continue trading on Nasdaq under symbols FOXX and FOXXW.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foxx Development Holdings Inc. published the original content used to generate this news brief on May 04, 2026, and is solely responsible for the information contained therein.
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