Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 128

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 128
---
 Placement Agent a non -accountableexpense allowance equal to 1% of the gross proceeds of this offering and out -of -pocketexpenses up to a maximum amount of $150,000. Because there is no minimum offering amount in this offering, the actual total Placement Agent commissions are not presently determinable and may be substantially less than the maximum amount set forth above. We estimate the total offering expenses of this offering that will be payable by us, excluding the Placement Agent commissions, will be approximately $178,625, which include legal and printing costs and various other fees. At the closing, our transfer agent will credit the Common Stock to the respective accounts of the purchasers. We will mail the Warrants directly to the purchasers at their respective addresses set forth in the Securities Purchase Agreement. The foregoing does not purport to be a complete statement of the terms and conditions of the Placement Agency Agreement and the Securities Purchase Agreement. Forms of both agreements are being filed as exhibits to the registration statement to which this prospectus relates. Lock-Up Agreements The Company, our directors, executive officers, employees or other recipients of Common Stock pursuant to an employee incentive plan or other benefit plan and each holder of our Common Stock and Common Stock Equivalents holding, on a fully diluted basis, 5% or more of the Company’s issued and outstanding Common Stock have agreed, subject to certain exceptions, to a “lock -up” period until six (6) months with respect to the Common Stock that they beneficially own, including the issuance of shares upon the exercise of convertible securities and options that are currently outstanding or which may be issued. This means that until November 30, 2025, such persons may not offer, sell, or otherwise dispose of these securities without the prior written consent of the Placement Agent. Notwithstanding these limitations, our shares of Common Stock may be transferred under limited circumstances, including by gift, will, or intestate succession. Tail Financing The placement agent shall be entitled to a cash fee equal to 7.0% of the gross proceeds received by the Company from the sale of any public or private offering or other financing or capital -raisingtransaction of any kind (each, a “Tail Financing”) to the extent that such financing or capital is provided to the Company by parties contracted by the placement agent directly or indirectly, and such Tail Financing is consummated within six months after the expiration or termination (other than for cause in accordance with FINRA Rule 5110(g)(5)(B)) of the placement agency agreement.