Foxx development poised to join russell microcap index

Irvine, ca, june 06, 2025 (globe newswire) -- foxx development holdings inc. (“foxx development” or “company”) (nasdaq: foxx), a leading provider of consumer electronics and integrated internet-of-things (iot) solutions for retail and institutional clients, today announced that the company will be included in the russell microcap® index following ftse russell's preliminary 2025 annual reconstitution list. foxx is among the telecommunications companies slated to join the list, representing a significant milestone for the company. the newly reconstituted indexes will take effect after u.s. market close on june 27.
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