Foxx Development Holdings Inc. announced on June 6, 2025, that it is slated for inclusion in the Russell Microcap Index. This follows FTSE Russell's preliminary 2025 annual reconstitution list.
The inclusion in the Russell Microcap Index is scheduled to take effect after the U.S. market close on June 27. This designation signifies that Foxx Development has met the index's market capitalization and liquidity requirements.
CEO Greg Foley stated that joining the index validates the company's financial performance and its impact in consumer electronics and IoT solutions. This inclusion is expected to increase the company's visibility among institutional investors specializing in emerging growth opportunities, potentially aiding its expansion.
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