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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 25, 2025
Fly-E Group, Inc.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-42122 |
|
92-0981080 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification Number) |
136-40 39th Avenue, Suite 202
Flushing, New York |
|
11354 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (929) 410-2770
N/A
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol |
|
Name of each exchange on which registered |
| Common stock, $0.01 par value per share |
|
FLYE |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 3.01. Notice of
Delisting or Failure to Satisfy a Continued Listing Standard; Transfer of Listing.
On
November 25, 2025, Fly-E Group, Inc. (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 September 30, 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 January 26, 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 May 20, 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 September 30, 2025.
On
December 5, 2025, the Company issued a press release announcing its receipt of the Notice from Nasdaq. A copy of the press release is
attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Forward-Looking Statements
This Form 8-K contains
certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact contained in this Form 8-K are forward-looking statements. Some of these forward-looking
statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,”
“intend,” “will,” “anticipate,” “believe,” “predict,” “plan,”
“targets,” “projects,” “could,” “would,” “continue,” or the negatives of these
terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties and other factors
that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. For example,
there can be no assurance that the Company will meet Nasdaq compliance standards, that Nasdaq will grant the Company any relief from delisting
as necessary or that the Company can ultimately meet applicable Nasdaq requirements for any such relief. All forward-looking statements
are based upon estimates, forecasts and assumptions that, while considered reasonable by the Company and its management, are inherently
uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited
to the risks and uncertainties set forth under the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking
Statements” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2025, which was filed with the SEC on
July 15, 2025, and the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, which was filed with the SEC
on August 19, 2025, as such factors may be updated from time to time in the Company’s filings with the SEC. These filings identify
and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained
in the forward-looking statements. You should not place undue reliance on forward-looking statements, which speak only as of the date
they are made and the Company does not undertake any duty to update these forward-looking statements, except as otherwise required by
law.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
| Exhibit No. |
|
Exhibit Description |
| 99.1 |
|
Press Release, dated December 5, 2025 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities
and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
Fly-E Group, Inc. |
| |
|
|
| Date: December 5, 2025 |
By: |
/s/ Zhou Ou |
| |
Name: |
Zhou Ou |
| |
Title: |
Chief Executive Officer |