This Amendment No. 1 amends and supplements the statement on Schedule 13D originally filed on November 18, 2005 (the “Original Schedule 13D” and, together with this amendment to the Original Schedule 13D, the “Schedule 13D”) with respect to the Common Stock (the “Shares”) of Foxby Corp., a Maryland corporation (the “Company”). The principal executive offices of the Company are located at 11 Hanover Square, 12th Floor, New York, New York 10005. Unless otherwise indicated, capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Schedule 13D.

The response set forth in Item 3 of the Original Schedule 13D is hereby amended by deleting the previous response in its entirety and replacing it with the following:

The aggregate consideration (exclusive of commissions) paid by CSFB LLC for the acquisitions of the Shares (described in Item 5(a) of the Original Schedule 13D) was US $413,183.

The aggregate consideration (exclusive of commissions) paid by CSFB LLC for the acquisitions of the Shares (described in Item 5(a) below) acquired since the filing of the Original Schedule 13D was US $82,171.

The funds used by CSFB LLC to make these acquisitions, and the acquisitions described in Schedule B attached hereto, came from working capital.

The first sentence of Item 4 of the Original Schedule 13D is hereby amended by deleting it in its entirety and replacing it with the following:

CSFB LLC acquired the Shares (described in Item 5(a) below) for investment purposes as part of its proprietary trading strategies.

The responses set forth in Item 5(a) and Item 5(c) of the Original Schedule 13D are hereby amended by deleting the previous responses in their entirety and replacing them with the following:

(a)           As of the date of this filing, the Reporting Person may be deemed to beneficially own an aggregate of 236,700 Shares, consisting of 236,700 Shares held directly by CSFB LLC.

Accordingly, the Reporting Person may be deemed to beneficially own 9.1% of the outstanding Shares of the Company.

To the best knowledge of the Reporting Person, and except as described herein, neither the Reporting Person, CSFBI, CSFB-USA nor CSFB LLC nor, to the best knowledge of the Reporting Person, any other persons listed on Schedules A-1 through A-4 attached hereto, beneficially owns any additional Shares.

(c)           Schedule B, which is incorporated herein by reference, sets forth the transactions in the Shares effected by the Reporting Person during the period beginning 60 days prior to the date of this filing.