Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 123

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 123
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 Holder in the United States); or •we are or have been a “United States real property holding corporation” for U.S. federal income tax purposes at any time during the shorter of the five -yearperiod ending on the date of disposition or the period that the Non -U.S. Holder held our Common Shares, and, in the case where shares of our Common Stock are regularly traded on an established securities market, the Non -U.S. Holder has owned, directly or constructively, more than 5% of our shares of Common Stock at any time within the shorter of the five -yearperiod preceding the disposition or such Non -U.S. Holder’s holding period for our Common Shares. There can be no assurance that our shares of Common Stock will be treated as regularly traded on an established securities market for this purpose. These rules may be modified for Non -U.S. Holders of Warrants. If we are or have been a “United States real property holding corporation” and you own Warrants, you are urged to consult your own tax advisor regarding the application of these rules. Unless an applicable treaty provides otherwise, gain described in the first bullet point above will generally be subject to tax at the applicable U.S. federal income tax rates as if the Non -U.S. Holder were a U.S. resident. Any gains described in the first bullet point above of a Non -U.S. Holder that is a foreign corporation may also be subject to an additional “branch profits tax” at a 30% rate (or lower treaty rate). 81 If the second bullet point above applies to a Non -U.S. Holder, gain recognized by such holder on the sale, exchange or other disposition of our Common Shares or Warrants will generally be subject to tax at applicable U.S. federal income tax rates as if the Non -U.S. Holder were a U.S. resident. In addition, a buyer of our Common Shares or Warrants from such holder may be required to withhold U.S. federal income tax at a rate of 15% of the amount realized upon such disposition. We cannot determine whether we will be a United States real property holding corporation in the future until we complete an initial business combination. In general, we would be classified as a United States real property holding corporation if the fair market value of our “United States real property interests” equals or exceeds 50% of the sum of the fair market value of our worldwide real property interests plus our other assets used or held for use in a trade or business