Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 482

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1C
Chunk 482
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 from time to time, subject to civil litigation regarding those products and intellectual property rights of third parties, including
in publicly-available court filings. We are not currently a party to, nor are we aware of, any legal proceedings, investigations or claims
which, in the opinion of our management, are likely to have a material adverse effect on our business, financial condition or results
of operations.

Item 4. Mine Safety Disclosures

Not applicable.

32

Part II

Item 5. Market for Registrant’s Common
Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information

Our common stock commenced
trading on the Nasdaq Capital Market on June 6, 2024 under the symbol “FLYE”.

Stockholders

As of July 15, 2025, we
had 26 stockholders of record.

Transfer Agent

VStock Transfer, LLC, 18
Lafayette Place, Woodmere, New York 11598, is the transfer agent for our common stock.

Dividends

We have never declared or
paid any cash or other dividends or distributions on our capital stock. We currently intend to retain earnings, if any, to finance the
growth and development of our business. We do not expect to pay any cash dividends on our common stock in the foreseeable future. Payment
of future dividends, if any, will be at the discretion of our board of directors and will depend on our financial condition, results
of operations, capital requirements, restrictions contained in any financing instruments, provisions of applicable law and other factors
the board deems relevant.

Item 6. [Reserved]

Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations

The following discussion of our financial condition
and results of operations should be read in conjunction with the financial statements and the notes thereto included in this annual report.
The following discussion contains forward-looking statements. Actual results could differ materially from the results discussed in the
forward-looking statements. See “Item 1A. Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements”.

Overview

We are an EV company that is principally engaged
in designing, installing and selling E-motorcycles, E-bikes, E-scooters and related accessories under the brand “Fly E-Bike.”
At Fly E-Bike, our commitment is to encourage people to incorporate eco-friendly transportation into their active lifestyles, ultimately
contributing towards building a more environmentally friendly future.

Fly