Company: FLYE
Filing Date: 2025-04-22
Form Type: S-1
Source: 0001213900-25-034233
Chunk: 37

Company: Fly-E Group, Inc.
Filing Date: 2025-04-22
Form: S-1
Chunk 37
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 of which the denominator shall be the number of shares of Common Stock outstanding
immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that
the aggregate exercise price of this Warrant shall remain unchanged.

Transferability

The Warrants are not listed
on any stock exchange. Without an active trading market, the liquidity of the Warrants will be limited. We intend to have the Warrants
issued in registered form. Subject to applicable laws, the Warrants may be transferred at the option of the holders upon surrender of
the Warrants to the Company, together with the appropriate instruments of transfer.

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Adjustments; Fundamental Transaction

The exercise price and the
number of shares underlying the Warrants are subject to appropriate adjustment in the event of stock splits, stock dividends on our shares
of Common Stock, stock combinations or similar events affecting our shares of Common Stock. In addition, in the event we consummate a
merger or consolidation with or into another person or other reorganization event in which our shares of Common Stock are converted or
exchanged for securities, cash or other property, or we sell, lease, license, assign, transfer, convey or otherwise dispose of all or
substantially all of our assets or we or another person acquire 50% or more of our outstanding shares of Common Stock (each, a Fundamental
Transaction), then following such Fundamental Transaction the holders of the Warrants will be entitled to receive upon exercise of the
Warrants the same kind and amount of securities, cash or property which the holders would have received had they exercised the Warrants
immediately prior to such Fundamental Transaction. Any successor to us or surviving entity will assume the obligations under the Warrants.

Rights as a Stockholder

Except by virtue of such
holder’s ownership of our Common Stock, the holder of a Warrant does not have rights or privileges of a stockholder, including
any voting rights, until the holder exercises such Warrant.

Certificate of Incorporation and Bylaw Provisions

Our amended and restated certificate
of incorporation and bylaws include a number of anti-takeover provisions that may have the effect of encouraging persons considering unsolicited
tender offers or other unilateral takeover proposals to negotiate with our board of directors rather than pursue non-negotiated takeover
attempts. These provisions include:

Advance Notice Requirements.Our
bylaws establish advance notice procedures with regard to stockholder proposals relating to the nomination