Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 154

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 154
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monthlong -termloan of $100,000 from Sinoelite Corp with no interest. On April 25, 2024, the Company paid off this loan in full. (viii) On June 12, 2023, Flyebikemiami Inc obtained a four -yearlong -termloan of $34,974 from AutoNation Honda Miami Lakes with an annual interest rate of 3.98%. The collateral provided was the Honda vehicle purchased by Flyebikemiami Inc. From April 1 to June 26, 2024, the Company paid $1,579 on principal and interest of the loan. (ix) On September 20, 2023, Fly -EGroup, Inc obtained a line of credit of $1,000,000 from Bank of Hope with a floating annual interest rate, currently at 8.5%. On the same date, the Company withdrew $391,226 from Bank of Hope to pay off the loan balance with Flushing Bank as of September 15, 2023. On September 22, 2023 and December 12, 2023, the Company withdrew $400,000 and $205,000, respectively, from Bank of Hope to support its business operations. Mr. Zhou Ou, the

F-22 FLY-E GROUP, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 8 — LOAN PAYABLE (cont.) Company’s Chief Executive Officer, and Mr. Ke Zhang, the Company’s Chief Human Resource Officer, provided a guarantee on this loan. To secure payment and performance of the liabilities, Fly -EGroup pledged to Bank of Hope the following items: inventory, chattel paper, accounts, equipment, and general intangibles of first 29 incorporated subsidiaries of the Company. (x)On October 2, 2023, the Company’s subsidiary, Fly14 Corp. obtained a five -yearlong -termloan of $240,000 from JPMorgan Chase Bank, N.A. with an annual interest rate of 10.40%. To secure payment and performance of the liabilities, Fly14 Corp. pledged to JPMorgan Chase Bank, N.A., a continuing security interest in all of its right, title and interest in all of its properties, whether now owned or hereinafter acquired and whether now existing or hereafter arising. From April 1 to June 26, 2024, the Company paid $10,329 on principal and interest of the loan.