Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 40

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 40
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isks Related to Our Securities

An active, liquid and orderly trading market
for our common stock may not develop or be maintained, and our stock price may be volatile.

We cannot predict the nature
of the market for our common stock, and we cannot assure you that an active, liquid or orderly trading market for our common stock will
be maintained. To the extent that an active market does not develop, you may have difficulty in selling any shares of our common stock.
If there is no active, liquid or orderly market for our common stock, the reported bid and asked price at the time you seek to purchase
or sell shares may not reflect the price at which you could either buy or sell shares of our common stock.

Our directors and executive officers will
continue to exercise significant control over us, which will limit your ability to influence corporate matters and could delay or prevent
a change in corporate control.

The existing holdings of our directors and executive officers is in
the aggregate, approximately 18.7% of our outstanding common stock as of the date of this annual report. As a result, these stockholders
may be able to influence our management and affairs and control the outcome of matters submitted to our stockholders for approval, including
the election of directors and any sale, merger, consolidation, or sale of all or substantially all of our assets. The concentration of
voting power among one or more of these stockholders may have an adverse effect on the price of our common stock.

In addition, this concentration
of ownership might adversely affect the market price of our common stock by: (1) delaying, deferring or preventing a change of control
of our company; (2) impeding a merger, consolidation, takeover or other business combination involving our company; or (3) discouraging
a potential acquirer from making a tender offer or otherwise attempting to obtain control of our company.

The price of our common stock may be volatile
and fluctuate substantially and rapidly, which could result in the loss of a significant part of your investment.

The market price of our
common stock may fluctuate substantially and rapidly and may be higher or lower than the public offering price. The stock market, in
general, and the market for smaller companies such as ours, in particular, have experienced extreme price and volume fluctuations. Such
volatility, including any stock-run up, may be unrelated or disproportionate to the actual or expected operating performance and financial
condition or prospects of those companies, making it difficult for