Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 198

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1A
Chunk 198
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 We may not be able to retain our key employees or
attract, assimilate or retain other highly qualified employees in the future. If we do not succeed in attracting new personnel or retaining
and motivating our current personnel, our business, prospects, financial condition and operating results will be adversely affected.

Our management team does not have any experience
in operating a publicly traded company.

While our management team has
a wide breadth of business experience, none of our executive officers have held an executive position at a publicly traded company. Given
the onerous compliance requirements to which public companies are subject, there is a chance our executive officers will fail to perform
at a level expected of public company officers. In such an event, the Company’s share price could be adversely affected. The management
team’s limited experience in dealing with the increasingly complex laws pertaining to public companies could be a significant disadvantage
in that it is likely that an increasing amount of their time may be devoted to these activities which will result in less time being devoted
to the management and growth of the company. We may not have adequate personnel with the appropriate level of knowledge, experience and
training in the accounting policies, practices or internal control over financial reporting required of public companies in the United States.
In addition, the development and implementation of the standards and controls necessary for us to achieve the level of accounting standards
required of a public company in the United States may require costs greater than expected. It is possible that we will be required
to expand our employee base and hire additional employees to support our operations as a public company which will increase our operating
costs in future periods.

We may need to defend ourselves against
patent or trademark infringement claims, which may be time-consuming and would cause us to incur substantial costs.

Companies, organizations or
individuals, including our competitors, may hold or obtain patents, trademarks or other proprietary rights that would prevent, limit or
interfere with our ability to make, use, develop, sell or market our vehicles, which could make it more difficult for us to operate our
business. From time to time, we receive communications from holders of patents or trademarks regarding their proprietary rights, including
in publicly available court filings. Companies holding patents or other intellectual property rights may bring suits alleging infringement
of such rights or otherwise assert their rights. If we are determined to have infringed upon a third party’s intellectual property
rights, we may be required to do one or more of the following:

●cease selling, incorporating