Fly-E Group (FLYE) cites Nasdaq listing deficiency tied to missing 10-Q
Rhea-AI Filing Summary
Fly-E Group, Inc. reported that it received a Nasdaq notice on November 25, 2025 stating it is not in compliance with Listing Rule 5250(c)(1) because it did not timely file its Form 10-Q for the quarter ended September 30, 2025. The notice is a deficiency notification only and does not immediately affect the listing or trading of the company’s common stock on the Nasdaq Capital Market.
The company has 60 calendar days, until January 26, 2026, to submit a plan to regain compliance. If Nasdaq accepts the plan, Fly-E Group could have up to 180 calendar days from the Form 10-Q due date, until May 20, 2026, to become current. If it fails to do so, Nasdaq may move to delist the stock, though the company would have the right to appeal. Fly-E Group states that it intends to complete its financial statements and file the Form 10-Q as soon as possible.
Positive
- None.
Negative
- Nasdaq listing deficiency notice for late Form 10-Q, with a defined cure period and potential delisting if Fly-E Group does not regain compliance by the applicable deadlines.
Insights
Nasdaq flags Fly-E for a late 10-Q, creating time-bound compliance risk but no immediate delisting.
Fly-E Group received a Nasdaq notice on November 25, 2025 for failing to timely file its Form 10-Q for the quarter ended September 30, 2025, breaching Listing Rule 5250(c)(1). This type of notice is a formal signal that the company is not meeting ongoing reporting obligations required for its Nasdaq listing.
The company has 60 days, until January 26, 2026, to submit a compliance plan and, if accepted, could receive up to 180 days from the original due date, to May 20, 2026, to file the missing report. During this period the shares remain listed, but failure to regain compliance would allow Nasdaq to initiate delisting, subject to an appeal process. Fly-E states it intends to complete its financial statements and file the Form 10-Q as soon as practicable.
8-K Event Classification
FAQ
Why did Fly-E Group, Inc. (FLYE) receive a notice from Nasdaq?
Fly-E Group received a notice because it did not timely file its Form 10-Q for the quarter ended September 30, 2025, causing a failure to satisfy Nasdaq Listing Rule 5250(c)(1).
Does the Nasdaq deficiency notice immediately affect trading of Fly-E Group (FLYE) stock?
No. The company states the notice is a notification of deficiency, not of imminent delisting, and has no immediate effect on the listing or trading of its common stock on the Nasdaq Capital Market.
How long does Fly-E Group have to regain compliance with Nasdaq listing rules?
Fly-E Group has 60 calendar days from the notice, until January 26, 2026, to submit a compliance plan. If accepted, Nasdaq may grant up to 180 calendar days from the Form 10-Q due date, until May 20, 2026, to regain compliance.
What happens if Fly-E Group does not regain Nasdaq compliance by the deadlines?
If the company does not regain compliance within the allowed periods, Nasdaq may notify Fly-E Group that its common stock will be subject to delisting. The company would then be entitled to appeal that determination to a Nasdaq hearings panel.
What does Fly-E Group plan to do in response to the Nasdaq notice?
The company states that its objective is to regain compliance and that it currently intends to complete its financial statements and file the Form 10-Q with the SEC as soon as that work is finished.
Did Fly-E Group issue any public communication about the Nasdaq notice?
Yes. On December 5, 2025, Fly-E Group issued a press release announcing receipt of the Nasdaq notice, which is included as Exhibit 99.1.