Clear Street LLC Acquires 10.5% Stake in Foxx Development Holdings Inc. (FOXX)

Clear Street LLC has filed a Schedule 13G regarding its position in Foxx Development Holdings Inc. (FOXX), reporting a new ownership stake as of May 5, 2026. According to the filing, Clear Street LLC beneficially owns 735,549 shares of Common Stock, which represents 10.5% of the company's total shares outstanding. This transaction marks a significant new position for the filer, moving from a previously reported 0% ownership to a double-digit percentage stake. The filing indicates that Clear Street LLC holds sole voting power over all 735,549 shares. The firm, a New York-based broker-dealer, is headquartered at 4 World Trade Center in New York. This disclosure was triggered by the event date of May 5, 2026, and officially filed with the SEC on May 14, 2026. The issuer, Foxx Development Holdings Inc., is based in Austin, Texas. The filing was submitted pursuant to Rule 13d-1(d).