v3.26.1
Reverse Recapitalization (Tables)
9 Months Ended
Mar. 31, 2026
Reverse Recapitalization [Abstract]  
Schedule of Common Stock Issued and Outstanding

The following table presents the number of the Company’s common stock issued and outstanding immediately following the Reverse Recapitalization (as defined below):

 

    Common  
    Stock  
ACAC’s common stock outstanding prior to Reverse Recapitalization     3,971,634  
Less: redemption of ACAC’s common stock     (1,744,663 )
Common stock issued to underwriter     43,125  
Conversion of Old Foxx’s common stock into Foxx’s common stock     3,303,333  
Conversion of Old Foxx’s convertible promissory notes into Foxx’s common stock     1,696,668  
Total common stock     7,270,097  
Schedule of Reverse Recapitalization

The following table reconciles the elements of the Reverse Recapitalization to the consolidated statements of cash flows and the changes in stockholders’ deficit:

 

    September 26,  
    2024  
Funds held in ACAC’s trust account   $ 21,627,541  
Funds held in ACAC’s operating cash account     298,643  
Less: payments of transaction costs incurred by ACAC     (2,215,896 )
Proceeds from the Reverse Recapitalization     19,710,288  
Less: non-cash net deficit assumed from ACAC     (21,810,926 )
Net distributions from issuance of Common Stock upon the Reverse Recapitalization   $ (2,100,638 )