Foxx Development Holdings (Acri Capital Acquisition) ^{Priced, Nasdaq: FOXX}

We are a newly organized blank check company formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Our efforts to identify a prospective target will not be limited to a particular industry or geographic region, although we intend to initially focus our search on identifying a prospective target in the technology-enabled industries in North America, namely within the geographic limits of the United States, Canada and Mexico. This geographic focus aligns well with the professional backgrounds of our directors and officers, most of whom live or work within the United States and Canada and have extensive professional networks and connections in these two countries. We believe our focus on technology-enabled companies, including but not limited to companies applying emerging and disruptive technologies and processes like Software-as-a-Service (SaaS), artificial intelligence, cloud computing, Internet of Things (IoTs) in a variety of service industries, particularly in the e-commerce, financial services, ed-tech services and health information services industries that would benefit from access to our management’s networks and industry expertise.