Foxx Development Holdings Inc. (FOXX) AI Dilution Summary

Cash was $1,473,268 at the 2026-06-30 balance-sheet date, against estimated monthly burn of $29,833. Dilution here is driven primarily by the 5,240,000-share Private Placement Warrants, held as Sponsor Warrants. Each whole warrant is exercisable for one share of common stock at a fixed $11.50 exercise price until 2029-09-26, so the issuable share count is set by contract and does not change with the market price.