Company: FLYE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001213900-25-031090
Chunk: 8

Company: Fly-E Group, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 8
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 Corporate Secretary prior to the taking of the vote at the Special Meeting.

5 Who will bear the cost of soliciting votes for the Special Meeting? The Company will bear the cost of preparing, assembling, printing, mailing, and distributing these proxy materials and soliciting votes. If you access the proxy materials over the Internet, you are responsible for Internet access charges you may incur. In addition, we will request banks, brokers and other intermediaries holding shares of our common stock beneficially owned by others to obtain proxies from the beneficial owners and will reimburse them for their reasonable expenses in so doing. Solicitation of proxies by mail may be supplemented by telephone, by electronic communications and personal solicitation by our executive officers, directors, and employees. No additional compensation will be paid to our executive officers, directors or employees for such solicitation. Proxies with respect to the Special Meeting may be solicited by telephone, by mail on the Internet or in person. How can I find the voting results of the Special Meeting? Voting results will be tabulated and certified by the inspector of elections appointed for the Special Meeting. The preliminary voting results will be announced at the Special Meeting. The final results will be tallied by the inspector of elections and filed with the SEC in a current report on Form 8 -Kwithin four business days of the Special Meeting. 6 PROPOSAL NO. 1 APPROVAL OF ISSUANCE OF SECURITIES IN ONE OR MORE NON-PUBLIC OFFERINGS Our common stock is currently listed on the Nasdaq Capital Market and, as such, we are subject to Nasdaq Marketplace Rules. Nasdaq Marketplace Rule 5635(d) (“Rule 5635(d)”) requires us to obtain stockholder approval prior to the issuance of our common stock in connection with certain non -publicofferings involving the sale, issuance or potential issuance by the Company of common stock (and/or securities convertible into or exercisable for common stock) equal to 20% or more of the common stock outstanding immediately prior to entering into an agreement in connection with any such non -publicoffering. Need to Raise Additional Capital We currently need to raise additional capital to fund our operations, implement our business strategy and enhance our overall capitalization. While we have not yet determined the particular terms for any potential financing, we are currently in discussions with certain parties in connection with such potential financing. Because we may seek additional capital in non -publicofferings that would result in the issuance of shares of our common stock equal to or in excess of 20%