Fly-E Group, Inc. Announces Receipt of Delinquency Notice from Nasdaq Regarding Delayed Form 10-Q
Fly-E Group briefly fell out of Nasdaq filing compliance due to a late Form 10-Q but regained compliant status after submitting the report.
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Rhea-AI Summary
Fly-E Group (FLYE) received a Nasdaq delinquency notice on September 1, 2026 for failing to timely file its Form 10-Q for the period ended June 30, 2026.
The notice stated the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing with the SEC. The notice was a deficiency notification only and did not immediately affect the listing or trading of Fly-E Group’s securities on the Nasdaq Capital Market. The company filed the Form 10-Q with the SEC on September 1, 2026 and, as a result, received written confirmation from Nasdaq on September 3, 2026 that it had regained compliance.
Positive
- Form 10-Q filed on September 1, 2026, curing the deficiency
- Nasdaq compliance restored with written confirmation received on September 3, 2026
- No immediate trading impact from the Nasdaq deficiency notice on the company’s securities
Negative
- Non-compliance with Nasdaq Rule 5250(c)(1) due to a delayed Form 10-Q filing
- Regulatory deficiency notice from Nasdaq Listing Qualifications Staff on September 1, 2026
Details
Market move: FLYE -9.91% in the Sep 4 session. Nasdaq compliance update
On Sep 4, the first trading day after this news, FLYE closed 9.91% below the previous close. Argus tracked a peak move of +14.3% during that session. Argus tracked a trough of -21.2% from its starting point during tracking. Our momentum scanner recorded 52 alerts for this stock that day. Relative volume reached 221.7x the daily average during tracking.
Data tracked by StockTitan Argus for the Sep 4 session.
Key Figures
- Notice date
- September 1, 2026
- Nasdaq delinquency notice
- Listing rule
- 5250(c)(1)
- Nasdaq filing compliance rule
- Reporting period
- June 30, 2026
- Delayed Form 10-Q
- Compliance confirmation
- September 3, 2026
- Nasdaq confirmation after Form 10-Q filing
Historical Context
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Revenue declined and net loss widened in first-quarter fiscal 2027 results.
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Nasdaq cited delayed Form 10-K filing and potential delisting risk.
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Fiscal-year revenue fell while net loss widened and gross margin compressed.
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Quarterly revenue declined and net loss widened amid collapsing retail sales.
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Nasdaq cited delayed Form 10-Q filing and required compliance planning.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 10-q regulatory
listing rule 5250(c)(1) regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Notice is a notification of deficiency, not of imminent delisting, and has no immediate effect on the listing or trading of the Company's securities on the Nasdaq Capital Market.
The Company filed the Form 10-Q with the Commission on September 1, 2026. As a result of this filing, the Company received written confirmation of compliance from Nasdaq on September 3, 2026.
About Fly-E Group, Inc.
Fly-E Group, Inc. is an electric vehicle company that is principally engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes and electric scooters under the brand "Fly E-Bike." The Company's commitment is to encourage people to incorporate eco-friendly transportation into their active lifestyles, ultimately contributing towards building a more environmentally friendly future. For more information, please visit the Company's website: https://investors.flyebike.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct. The Company cautions investors that actual results may differ materially from the anticipated results, and that the forward-looking statements contained in this press release are subject to the risks set forth in the Company's filings with the Commission including the section under "Risk Factors" of its most recent Annual Report on Form 10-K for the fiscal year ended March 31, 2026, filed with the SEC on July 23, 2026, as amended by the Company's subsequent filings, including updates to the Risk Factors. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.
For investor and media inquiries, please contact:
Fly-E Group, Inc.
Investor Relations Department
Email: ir@flyebike.com
Seaquant Consulting
Email: investors@sea-quant.com
View original content:https://www.prnewswire.com/news-releases/fly-e-group-inc-announces-receipt-of-delinquency-notice-from-nasdaq-regarding-delayed-form-10-q-302869159.html
SOURCE FLY-E GROUP, INC.
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