Company: FLYE
Filing Date: 2025-07-02
Form Type: 8-K
Source: 0001213900-25-061024
Chunk: 1

Company: Fly-E Group, Inc.
Filing Date: 2025-07-02
Form: 8-K
Item: Item 5.03
Chunk 1
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Item
5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On March 10, 2025, Fly-E Group,
Inc. (the “ Company”) held a special meeting of stockholders (the “ Special Meeting”). At the Special Meeting, the
stockholders approved a proposal to amend the Company’s Amended and Restated Certificate of Incorporation (the “ Certificate
of Incorporation”) to effect a reverse stock split of the Company’s issued and outstanding shares of common stock, par value
$0.01 per share, by a ratio in the range of 1-for-2 to 1-for-15, with such ratio to be determined in the discretion of the board of directors
of the Company (the “ Board”) and with such action to be effected at such time and date, if at all, as determined by the Board
within one year after the conclusion of the Special Meeting.

On June 16, 2025, the Board
approved a one-for-five (1:5) reverse stock split of the Company’s issued and outstanding shares of common stock (the “ Reverse
Stock Split”). On July 2, 2025, the Company filed with the Secretary of State of the State of Delaware the Second Certificate of
Amendment to its Certificate of Incorporation (the “ Certificate of Amendment”) to effect the Reverse Stock Split. The Reverse
Stock Split will become effective as of 5:00 p. m., Eastern Time, on July 3, 2025, and the Company’s common stock will begin trading
on the Nasdaq Stock Market on a split-adjusted basis when the market opens on July 7, 2025.

Upon effectiveness of the
Reverse Stock Split, every five (5) shares of the Company’s issued and outstanding common stock will automatically be converted
into one share of common stock, without any change in the par value per share. In addition, (i) a proportionate adjustment will be made
to the per share exercise price and the number of shares issuable upon the exercise of all outstanding warrants to purchase shares of
common stock, and (ii) the number of shares reserved for issuance pursuant to the Company’s stock incentive plan will also be reduced
proportionately. Any fraction of a share of common stock that would be created as a result of the Reverse Stock Split will be rounded
up to the nearest whole share.

The Company’s common
stock will continue to trade on the Nasdaq Capital