Company: FLYE
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001213900-25-078571
Chunk: 320

Company: Fly-E Group, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part II, Item 1A
Chunk 320
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    Inline XBRL Taxonomy Extension
    Definition Linkbase Document.
  
    101.LAB
     
    Inline XBRL Taxonomy Extension
    Label Linkbase Document.
  
    101.PRE
     
    Inline XBRL Taxonomy Extension
    Presentation Linkbase Document.
  
    104
     
    Cover Page Interactive
    Data File (formatted as Inline XBRL and contained in Exhibit 101).

    *
    Filed herewith
  
    **
    Furnished herewith

45

SIGNATURES

In accordance with the requirements of Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

    FLY-E GROUP, INC.

    By:
    /s/ Zhou Ou

    Zhou Ou

    Chief Executive Officer 

    (Principal Executive Officer)

    August 19, 2025

    By:
    /s/ Shiwen
    Feng

    Shiwen Feng 

    Chief Financial Officer 

    (Principal Financial and Accounting Officer)

    August 19, 2025

46

On January 1, 2025, the Company entered into share transfer agreements for sales of 100% of its equity interests in subsidiaries – FLYMHT INC, FLY14 CORP, EDISONEBIKE INC, and FLY6AVE INC – to third-party buyers for a total cash consideration of $635,193, with no contingent payments or adjustments. In June 2025, the Company received $103,000 from the buyers. As of June 30, 2025, the remaining consideration due from such buyers was $532,193 (See Note - 14 — DISPOSAL OF SUBSIDIARIES).
On April 1, 2025, the Company entered into share transfer agreements for the sale of100% of its equity interests in subsidiaries – FLYEBIKE BROOKLYN INC, FLYMHT659 INC, and FLYBX745 INC – to third-party buyers for a total cash consideration of $310,055, with no contingent payments or adjustments. In June 2025, the Company received $30,000 from the buyers. As of June 30, 2025, the remaining consideration due from such buyers was $280,055 (See Note - 14 — DISPOSAL OF SUBSIDIARIES).
On May 1, 2025, the Company entered into share transfer agreements