Fly-E Group, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
Rhea-AI Summary
Fly-E Group (Nasdaq: FLYE) reported that on July 21, 2026 it received a Nasdaq delinquency notification for non-compliance with Listing Rule 5250(c)(1), after failing to timely file its Form 10-K for the period ended March 31, 2026. The Notice does not immediately affect the listing of Fly-E’s securities, but continued non-compliance could lead to delisting.
According to Fly-E Group, the company could have submitted a compliance plan by September 21, 2026, potentially obtaining up to January 11, 2027 to regain compliance. Fly-E filed the delayed Form 10-K on July 23, 2026, which the company states should remove the need for a formal remediation plan.
Positive
- Delayed Form 10-K filed on July 23, 2026
- Nasdaq Notice has no immediate impact on FLYE listing
- Potential compliance window up to January 11, 2027 if needed
Negative
- Nasdaq non-compliance notification received July 21, 2026
- Failure to timely file Form 10-K for period ended March 31, 2026
- Securities may be subject to delisting if compliance not maintained
Market reaction after 10-K compliance notice: FLYE +10.18% in the Jul 24 session
In the Jul 24 session, FLYE gained 10.18%, reflecting a significant positive market reaction. Argus tracked a peak move of +10.8% during that session. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. Trading volume was exceptionally heavy at 7.4x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 21 | Q3 earnings | Negative | +1.9% | Revenue declined, losses widened, and cash fell while wholesale and rental growth was reported. |
| Mar 05 | Nasdaq delinquency | Negative | +4.1% | Nasdaq cited a delayed Form 10-Q, with trading unaffected and a compliance plan permitted. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Both selected prior events had positive 24-hour reactions despite negative or compliance-related news.
Key Terms
nasdaq listing rule 5250(c)(1) regulatory
form 10-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
This Notice has no immediate effect on the listing of the Company's securities on Nasdaq. However, if the Company fails to timely regain compliance with the Rule, the Company's securities will be subject to delisting from Nasdaq.
The Notice provides that the Company may submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule by September 21, 2026. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 calendar days from the Filing's due date, or until January 11, 2027, to regain compliance. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.
The Company filed its Annual Report on Form 10-K for the period ended March 31, 2026 on July 23, 2026, which would eliminate the need for the Company to submit a formal plan to regain compliance.
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 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, 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
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SOURCE FLY-E GROUP, INC.