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. reported several leadership changes. On August 20, 2025, Chief Financial Officer Shiwen Feng resigned from her position, and the company stated her resignation was not due to any disagreement over accounting, operations, policies, or practices. Effective August 26, 2025, the Board appointed Chief Executive Officer Zhou Ou to also serve as interim CFO while a search is conducted for a permanent finance chief.
The company also disclosed that on August 21, 2025, independent directors Lun Feng and Zanfeng Zhang resigned from the Board. Both served on the Audit, Compensation, and Nominating and Corporate Governance Committees, and each chaired one of the latter two committees. The company stated that their resignations were not due to disagreements with the company. The Board plans to keep these two independent director seats temporarily vacant while it conducts a search, and the company says it will act promptly to remain compliant with Nasdaq listing and other applicable rules.
Fly-E Group, Inc. preliminarily solicits shareholder approval for corporate actions described in a Pre-14A proxy, including a proposed Reverse Split and related amendments to its amended and restated certificate of incorporation. The filing details voting methods and deadlines: mailed proxies must be delivered before 4:00 p.m. Eastern Time on September 14, 2025, while phone/Internet votes must be received by 11:59 p.m. Eastern Time on September 14, 2025. The company explains that, if approved, outstanding warrants and convertible notes will be adjusted proportionately to the Reverse Split ratio (including rounding up shares and proportionate exercise price/conversion changes), and stockholders should not recognize gain or loss because aggregate tax basis and holding periods carry through the Reverse Split. The document lists share counts and ownership percentages for certain holders and notes risks related to low stock price, volatility, transaction costs, and potential Nasdaq delisting impact on access to capital.
Fly-E Group, Inc. reported a quarterly net loss of approximately $2.0 million for the three months ended June 30, 2025, and used about $5.3 million in net cash from operating activities during the quarter. The company had working capital of approximately $6.0 million and cash of approximately $2.3 million as of June 30, 2025, but management disclosed substantial doubt about the company's ability to continue as a going concern. The company completed a registered direct offering on June 2, 2025, raising net proceeds of approximately $6.24 million and earlier received net IPO proceeds of about $9.2 million. Current contractual obligations include about $9.3 million. Management intends to seek additional equity or debt financing and related-party support, but stated there is no assurance additional funding will be available.
Fly-E Group, Inc. filed a late-filing notice stating it cannot submit its Form 10-Q for the quarter ended June 30, 2025 on time without unreasonable effort or expense, and it expects to file within five calendar days of the original due date. The company preliminarily reports that net revenues for the three months ended June 30, 2025 decreased by 32.3% to $5.3 million, compared with $7.9 million a year earlier. Units sold fell by 6,432, from 16,880 to 10,448, and the average sales price per electric vehicle declined by $93, from $1,053 to $960. Management attributes these declines mainly to lithium-battery explosion incidents involving E-Bikes and E-Scooters in New York that have pushed customers toward oil-powered vehicles, as well as closures and dispositions of its retail stores. The company notes that these preliminary figures are still under review and may change in the Form 10-Q.