Fly-E Group, Inc. Announces Receipt of Delinquency Notice from Nasdaq Regarding Delayed Form 10-Q

Rhea-AI Summary

Fly-E Group (NASDAQ: FLYE) received a Nasdaq Listing Qualifications notice for failure to timely file its Form 10-Q for the period ended December 31, 2025.

The Company has until April 28, 2026 to submit a compliance plan and, if accepted, may have up to August 24, 2026 to regain compliance; trading is not immediately affected.

Positive

• Listing remains active while compliance is addressed
• Compliance extension possible through August 24, 2026 if Nasdaq accepts plan
• Company intends to file Form 10-Q promptly after financial review

Negative

• Delinquent Form 10-Q for period ended December 31, 2025
• 60-day deadline to submit a compliance plan: April 28, 2026
• Risk of delisting if compliance not regained within allowed periods

Key Figures

Compliance plan window: 60 calendar days Plan deadline: April 28, 2026 Extension period: 180 calendar days +5 more

8 metrics

Compliance plan window 60 calendar days Time from Feb 27, 2026 Nasdaq notice to submit compliance plan

Plan deadline April 28, 2026 Deadline to submit compliance plan to Nasdaq

Extension period 180 calendar days Maximum extension from Form 10-Q due date if plan accepted

Final compliance date August 24, 2026 Latest possible date to regain compliance under Nasdaq exception

Reporting period end December 31, 2025 Quarter end for the delayed Form 10-Q

Price move pre-news 5.43% 24h share price change before this delinquency notice article

52-week high $161.80 Pre-news 52-week high level

52-week low $1.80 Pre-news 52-week low level near current trading range

Market Reality Check

Price: $1.94 Vol: Volume 13,860 is far belo...

low vol

$1.94 Last Close

Volume Volume 13,860 is far below the 813,915 20-day average, signaling light participation ahead of this filing delay update. low

Technical Shares at $1.94 are trading well below the $34.16 200-day moving average, reflecting a deeply broken longer-term trend.

Peers on Argus

EV peers showed mixed moves, with names like CENN and AYRO up while others like ...

2 Up

EV peers showed mixed moves, with names like CENN and AYRO up while others like ECDA were down. Momentum scanner flagged EVTV and CENN moving up without news, suggesting FLYE’s action ties more to company-specific compliance concerns than a broad sector rotation.

Historical Context

2 past events · Latest: Dec 18 (Negative)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Dec 18	Earnings update	Negative	+1.8%	Reported Q2 revenue decline and net loss for fiscal 2026.
Dec 05	Nasdaq delinquency	Negative	+2.3%	Nasdaq notice for late Form 10-Q filing and compliance plan timeline.

Pattern Detected

Recent history shows shares rising modestly on negative fundamental or compliance news, suggesting a pattern of price strength despite deteriorating operating metrics and listing deficiencies.

Recent Company History

Over the last few months, Fly-E reported sharply weaker financials and listing compliance issues. On Dec 18, 2025, Q2 fiscal 2026 results showed revenue declines and continued net losses, yet the stock rose about 1.82%. Earlier, on Dec 5, 2025, a Nasdaq delinquency notice for a late Form 10-Q similarly preceded a 2.3% gain. Today’s new delinquency notice continues this pattern of governance and reporting strain layered on top of existing financial pressures.

Market Pulse Summary

This announcement details a Nasdaq deficiency notice for a delayed Form 10-Q for the quarter ended D...

Analysis

This announcement details a Nasdaq deficiency notice for a delayed Form 10-Q for the quarter ended December 31, 2025. The notice does not trigger immediate delisting but starts a 60-day window to submit a compliance plan and a potential extension out to August 24, 2026. In context with prior late filings and weak operating trends, investors may focus on timely filing, follow-up Nasdaq communications, and any changes in leadership or financing that affect reporting stability.

Key Terms

listing rule 5250(c)(1), form 10-q, nasdaq capital market, u.s. securities and exchange commission, +3 more

7 terms

listing rule 5250(c)(1) regulatory

"notifying the Company that it currently does not satisfy Listing Rule 5250(c)(1), as a result of not having timely filed"

A Nasdaq listing standard that requires companies traded on the exchange to file their regular financial reports with the U.S. Securities and Exchange Commission on time, such as annual and quarterly reports, and to notify Nasdaq if filings are late. It matters to investors because these filings provide the routine, reliable information needed to judge a company’s health; missing them can trigger warnings, trading suspension, or removal from the exchange, which can sharply affect liquidity and share value — like a business losing its operating license for failing inspections.

form 10-q regulatory

"as a result of not having timely filed with the U.S. Securities and Exchange Commission ... its Form 10-Q for the period ended December 31, 2025"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

nasdaq capital market regulatory

"has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

u.s. securities and exchange commission regulatory

"not having timely filed with the U.S. Securities and Exchange Commission (the “Commission”) its Form 10-Q"

The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.

delisting regulatory

"Nasdaq will provide notice that the Company’s common stock will be subject to delisting"

Delisting occurs when a company's stock is removed from a stock exchange and is no longer available for trading there. This can happen voluntarily or because the company no longer meets the exchange's requirements. For investors, delisting means they can no longer buy or sell shares of that company on the exchange, which may make it more difficult to sell their investments or affect the stock's value.

nasdaq hearings panel regulatory

"The Company would then be entitled to appeal that determination to a Nasdaq hearings panel"

A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

deficiency notice regulatory

"The Notice is a notification of deficiency, not of imminent delisting"

A deficiency notice is a formal letter from a regulator, stock exchange, or securities authority saying that a company’s required filing, disclosure, or compliance item is missing, incomplete, or does not meet rules. It matters to investors because it can delay deals or financial reports, signal higher regulatory or operational risk, and reduce confidence in a company’s transparency—similar to getting a repair notice that must be fixed before normal activity can resume.

AI-generated analysis. Not financial advice.

NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (NASDAQ: FLYE, the “Company”), an electric vehicle company engaged in designing, installing, selling and renting smart electric motorcycles, electric bikes, and electric scooters, announced today that on February 27, 2026, the Company received a written notice (the “Notice”) from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it currently does not satisfy Listing Rule 5250(c)(1), as a result of not having timely filed with the U.S. Securities and Exchange Commission (the “Commission”) its Form 10-Q for the period ended December 31, 2025 (the “Form 10-Q”).

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 has 60 calendar days from the date of the Notice, or until April 28, 2026, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule 5250(c)(1). If the Company submits a plan to Nasdaq and Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the due date of the filing of the Form 10-Q, or until August 24, 2026, to regain compliance. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s common stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel.

The Company’s objective is to regain compliance with the listing requirement, and the Company currently intends to file the Form 10-Q with the Commission as soon as it completes the preparation and review of its financial statements for the period ended December 31, 2025.

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 Securities and Exchange Commission (the "SEC"), including the section under "Risk Factors" of its most recent Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the SEC on July 15, 2025, 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

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

FAQ

Why did Fly-E Group (FLYE) receive a Nasdaq delinquency notice on March 5, 2026?

Because the company did not timely file its Form 10-Q for the period ended December 31, 2025, missing Nasdaq Listing Rule 5250(c)(1). According to the company, Nasdaq issued a notification of deficiency on February 27, 2026, which is not an immediate delisting.

What deadlines does Fly-E Group (FLYE) face to regain Nasdaq compliance?

Fly-E has 60 calendar days from the notice date to submit a compliance plan, until April 28, 2026. According to the company, if Nasdaq accepts the plan, an exception can extend the compliance period through August 24, 2026.

Will Fly-E Group (FLYE) be delisted immediately after the Nasdaq notice?

No, the notice is a deficiency and has no immediate effect on listing or trading. According to the company, delisting would occur only if compliance is not regained after the allotted periods and any appeals are resolved.

How does Fly-E Group (FLYE) plan to address the missed Form 10-Q filing?

The company intends to complete financial statement preparation and file the Form 10-Q as soon as review finishes. According to the company, its objective is to regain compliance and it will submit a plan to Nasdaq by the April 28, 2026 deadline.

What are the investor risks from Fly-E Group's (FLYE) Nasdaq deficiency notice?

Primary risks include the potential for future delisting and increased regulatory scrutiny if the Form 10-Q is not filed. According to the company, trading continues for now, but failure to regain compliance could materially affect liquidity and shareholder access.