Company: FLYE
Filing Date: 2025-04-22
Form Type: S-1
Source: 0001213900-25-034233
Chunk: 25

Company: Fly-E Group, Inc.
Filing Date: 2025-04-22
Form: S-1
Chunk 25
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 may not be the same as the price per share of Common Stock in this offering. In the event that the
outstanding options or warrants are exercised or settled, or that we make additional issuances of Common Stock or other convertible or
exchangeable securities, you could experience additional dilution. We cannot assure you that we will be able to sell shares or other securities
in any other offering at a price per share that is equal to or greater than the price per share of Common Stock paid by investors in this
offering, and investors purchasing shares or other securities in the future could have rights superior to existing stockholders, including
investors who purchase securities in this offering. The price per share at which we sell additional shares of our Common Stock included
in the Common Stock and accompanying Warrants or securities convertible into Common Stock in future transactions, may be higher or lower
than the offering price per share of Common Stock in this offering. As a result, purchasers of the Common Stock and accompanying Warrants
we sell, as well as our existing stockholders, will experience significant dilution if we sell at prices significantly below the price
at which they invested.

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Resales of our Common Stock in the public market during this offering by our stockholders may cause the market price of our Common Stock to fall.

Sales of a substantial number
of shares of our Common Stock could occur at any time. The issuance of new shares of our Common Stock could result in resales of our Common
Stock by our current stockholders concerned about the potential ownership dilution of their holdings. In turn, these resales could have
the effect of depressing the market price for our Common Stock.

This offering may cause the trading price of our Common Stock to decrease.

The offering price per share,
together with the number of shares of Common Stock and Warrants we propose to issue and ultimately will issue if this offering is completed,
may result in an immediate decrease in the market price of our Common Stock. This decrease may continue after the completion of this offering.

Our directors and executive officers will continue to exercise significant control over us, which will limit your ability to influence corporate matters and could delay or prevent a change in corporate control.

As of April 17, 2025, our
directors and officers have the power to vote approximately 68.5% of our outstanding shares of Common Stock and will continue to hold
a significant portion of shares of Common Stock following the offering. Our directors and officers will be