Fly-E Group, Inc. filings document an emerging growth public company with Nasdaq-listed common stock and an electric vehicle business built around Fly E-Bike branded smart electric motorcycles, electric bikes and electric scooters. Recent Form 8-K and NT 10-Q disclosures address quarterly-report timing, Nasdaq continued-listing rules, annual-meeting obligations, auditor changes, leadership changes and material events.
The filing record also identifies the company’s registered common stock, par value, exchange listing and reporting status, while periodic reports and late-filing notices provide formal context for financial-statement preparation, operating results, governance controls and compliance risks.
Fly-E Group, Inc. (FLYE) filed an amended current report to correct clerical errors in job titles but reaffirmed leadership changes effective September 11, 2026. On that date, Lisa Fan resigned as Chief Financial Officer and Director, with the company stating her resignation did not arise from any disagreement with management or the board.
The board simultaneously appointed Qiang Chen as Chief Financial Officer and Jingxia Song as an independent Director, and named Song to the Audit, Nominating and Corporate Governance, and Compensation Committees. Chen, aged 54, has nearly 30 years of accounting, finance and public company management experience and entered into an employment agreement providing $60,000 annual compensation. Song, aged 40, has over 16 years of corporate operations and administration experience. Both appointees are disclosed as having no family relationships with current directors or executive officers and no related-party transactions requiring disclosure.
Fly-E Group, Inc. (FLYE) reported leadership and board changes. On September 11, 2026, Lisa Fan resigned as Chief Executive Officer and Director, effective immediately; the company states her resignation was not due to any disagreement with the company or its Board.
On the same date, the Board appointed Qiang Chen, age 54, as Chief Executive Officer, under an employment agreement providing $60,000 in annual compensation. The Board also appointed Jingxia Song, age 40, as an independent Director and member of the Audit, Nominating and Corporate Governance, and Compensation Committees, with annual compensation of $26,400. Both appointees have extensive prior experience in finance, corporate administration, and public company operations, and the company discloses that neither has family relationships with current directors or officers or related-party transactions requiring disclosure.
Fly-E Group, Inc. (FLYE) disclosed that on September 1, 2026 it received a Nasdaq Listing Qualifications staff notice that the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Form 10-Q for the period ended June 30, 2026. The notice was a deficiency notification only and had no immediate effect on the listing or trading of its common stock 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 is back in compliance. Fly-E also issued a press release on September 3, 2026 describing the notice and subsequent compliance.
Fly-E Group, Inc. (FLYE) reported a sharp deterioration in results for the quarter ended June 30, 2026. Revenue fell to $2.7 million from $5.3 million a year earlier as retail product sales declined, while net loss widened to $3.9 million from $2.0 million, driven by lower gross profit and higher general and administrative expenses, including $1.8 million of software development costs.
Total assets were $26.2 million and total liabilities $12.7 million, leaving stockholders’ equity of $13.5 million. Cash was very low at $60,281, although working capital was about $8.1 million. The company has $5.9 million of loan payables and $4.2 million of operating lease liabilities.
Fly-E is in default under a $3.9 million credit facility with Peapack-Gladstone Bank after a forbearance period expired on June 30, 2026, and is negotiating for further relief. Management concludes there is substantial doubt about the company’s ability to continue as a going concern and is seeking additional equity and debt financing and related-party support. The company also discloses ongoing shareholder litigation and a Commission investigation, whose outcomes and financial effects cannot yet be estimated.
Fly-E Group, Inc. notified investors that it will not file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 by the prescribed deadline and is seeking a brief extension under Rule 12b-25. Management states that additional time is required to prepare the financial statements and expects to file the report within five calendar days of the original due date.
The company also discloses preliminary results indicating that net revenues for the three months ended June 30, 2026 were $2.7 million, a 48.4% decline from $5.3 million in the same period of 2025. This decrease is attributed to a 26% drop in the quantity of EVs sold and reductions in selling prices to clear aged inventory, with volume pressure linked in part to retail store closures and dispositions from July 1, 2025 to March 31, 2026. The company notes these figures are still under review and may change.
Fly-E Group, Inc. reports that Nasdaq has resolved a prior listing deficiency related to late periodic reporting. Nasdaq’s listing qualifications staff sent a delinquency notice on July 21, 2026, after the company failed to meet the periodic filing requirement under Listing Rule 5250(c)(1). Following Fly-E Group’s July 23, 2026 filing of its Form 10-K for the period ended March 31, 2026, the staff determined that the company is back in compliance with the rule, and the matter is now closed.
Fly-E Group, Inc. reported that on July 21, 2026 it received a delinquency notification letter from Nasdaq’s Listing Qualifications Staff for non-compliance with Nasdaq Listing Rule 5250(c)(1), after failing to timely file its Annual Report on Form 10-K for the period ended March 31, 2026. The notice has no immediate effect on the listing, but the company’s securities will be subject to delisting if it does not timely regain compliance.
The notice permits Fly-E to submit a plan to regain compliance by September 21, 2026, and if Nasdaq accepts the plan it may grant up to 180 days from the Form 10-K due date, or until January 11, 2027, to regain compliance. Fly-E filed the delayed Form 10-K on July 23, 2026, which would eliminate the need for the company to submit a formal plan to regain compliance. The company also issued a press release on July 23, 2026, as required under Nasdaq Listing Rule 5810(b).
Fly-E Group, Inc. designs, assembles and sells electric motorcycles, bikes and scooters under the Fly E-Bike brand, serving delivery workers and urban riders through 4 U.S. stores, distributors and an online channel. As of March 31, 2026 it assembled 2,714 E-motorcycles, 6,722 E-bikes and 1,830 E-scooters and generated $19.1 million in net revenues, down from $25.4 million in 2025.
The company reported a net loss of $9.3 million for 2026, cash of $0.3 million, working capital of $10.0 million and operating cash outflows of about $13.8 million, and states there is substantial doubt about its ability to continue as a going concern. Liquidity has been supported by a June 2024 IPO (net proceeds about $9.2 million), a $5 million revolving credit facility, a June 2025 registered direct offering (net $6.24 million) and a September 2025 equity sale raising net $10.996 million.
Fly-E paid $1.0 million to settle UL trademark litigation and faces a pending federal securities class action and consolidated shareholder derivative litigation, with outcomes and potential losses not yet estimable. It is also executing a plan to dispose of numerous subsidiaries for total agreed cash consideration of about $5.2 million, most of which remained unpaid as of July 23, 2026. A Nasdaq notice in July 2026 cited a delinquent annual report filing; the company has until January 11, 2027 to regain compliance under Nasdaq’s timetable.
Fly-E Group, Inc. notified the SEC it will file its Annual Report on Form 10-K for the fiscal year ended March 31, 2026 late, stating additional time is needed to prepare and finalize the financial statements and that it intends to file within five calendar days after the prescribed due date.
The registrant disclosed preliminary results: net revenues fell to $19.1 million (a 25.0% decrease) and net loss widened to approximately $9.7 million for fiscal 2026; management cautions these amounts remain under review and may differ in the Annual Report.
Fly-E Group, Inc. reported the results of its 2025 Annual Meeting of Shareholders. On the record date, there were 1,632,386 common shares outstanding, and 932,621.51 shares, or about 57.13%, were represented in person or by proxy, establishing a quorum.
Shareholders elected four directors — Lisa Fan, Leqi Dong, Dongperez Hua, and Chun Min (Max) Lin — to serve until the 2026 annual meeting. They also ratified Fortune CPA, Inc. as independent registered public accounting firm for the fiscal year ended March 31, 2026.
Shareholders approved an amendment to the certificate of incorporation authorizing a reverse stock split of common stock at a ratio between 1-for-5 and 1-for-100, with the exact ratio and timing, if any, to be determined by the Board within one year after the meeting.