Company: FLYE
Filing Date: 2025-08-26
Form Type: PRE 14A
Source: 0001213900-25-080827
Chunk: 18

Company: Fly-E Group, Inc.
Filing Date: 2025-08-26
Form: PRE 14A
Chunk 18
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 our stockholders approve this Reverse Split Proposal, the Board will implement the Reverse Split only upon a determination that the
Reverse Split is in the best interests of the stockholders at that time. The Board reserves the right to abandon the Reverse Split Proposal
without further action by our stockholders at any time before the Reverse Split Effective Time, even if stockholders approve the Reverse
Split Amendment at the Special Meeting. By voting in favor of the Reverse Split Proposal, stockholders are also expressly authorizing
the Board to determine not to proceed with, and abandon, the Reverse Split Proposal if it should so decide.

Interests of Directors and Executive Officers

Certain of our officers and
directors have an interest in the Reverse Split Proposal as a result of their ownership of shares of common stock. However, we do not
believe that our officers or directors have interests in the Reverse Split Proposal that are different than or greater than those of any
of our other stockholders.

Required Vote

Approval of the Reverse Split
Proposal requires the affirmative vote of the holders of a majority of the outstanding shares of our common stock. A failure to submit
a proxy card or vote at the Special Meeting or an abstention will have the same effect as a vote “AGAINST” this proposal.

Recommendation of the Board

<div align='center'>The Board recommends that stockholders vote “FOR” the approval of the Reverse Split Proposal.

12

THE ADJOURNMENT PROPOSAL</div>

Overview

The Adjournment Proposal, if
adopted, will allow the Board to adjourn the Special Meeting to a later date or dates to permit further solicitation of proxies. The Adjournment
Proposal will only be presented to the Company’s stockholders, in the event that, notwithstanding management’s having used
commercially reasonable efforts to obtain the approval of the stockholders to the other proposal(s), based upon the tabulated vote at
the time of the Special Meeting there are insufficient votes for, or otherwise in connection with, the approval of the other proposal(s).

Consequences if the Adjournment Proposal is Not Approved

If the Adjournment Proposal
is not approved by the stockholders, the Board may not be able to adjourn the Special Meeting to a later date in the event that there
are insufficient votes for, or otherwise in connection with, the approval of the other proposal(s).

Votes Required

The approval of this proposal
requires the affirmative vote of holders of a majority of the shares of common stock present in person