Foxx Development delays quarterly report filing after assessing lease asset impairments

• Foxx Development Holdings filed a Form 12b-25 to delay its quarterly report on Form 10-Q for the three and nine months ended March 31, 2026.
• The filing cited additional time needed to assess impairment of right-of-use assets tied to excess warehouse space as it shifts toward a dropship strategy.
• The report is expected within the five-calendar-day extension period.
• Results are expected to weaken versus the prior year period, with lower revenue and higher impairments, credit-loss provisions, and net loss.

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