Company: FLYE
Filing Date: 2025-04-22
Form Type: S-1
Source: 0001213900-25-034233
Chunk: 35

Company: Fly-E Group, Inc.
Filing Date: 2025-04-22
Form: S-1
Chunk 35
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 the Common Stock. Any decision to pay dividends on our
Common Stock will be at the discretion of our board of directors. Our board of directors may or may not determine to declare dividends
in the future. The board’s determination to issue dividends will depend upon our profitability and financial condition any contractual
restrictions, restrictions imposed by applicable law and the SEC, and other factors that our board of directors deems relevant.

Liquidation Rights

In the event of a voluntary
or involuntary liquidation, dissolution or winding up of the Company, the holders of our Common Stock will be entitled to share ratably
on the basis of the number of shares held in any of the assets available for distribution after we have paid in full, or provided for
payment of, all of our debts and after the holders of all outstanding series of any class of stock have preference over the Common Stock,
if any, have received their liquidation preferences in full.

Other

Our issued and outstanding
shares of Common Stock are fully paid and nonassessable. Holders of shares of our Common Stock are not entitled to preemptive rights.
Shares of our Common Stock are not convertible into shares of any other class of capital stock, nor are they subject to any redemption
or sinking fund provisions.

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Warrants

The following summary of certain
terms and provisions of the Warrants offered hereby is not complete and is subject to, and qualified in its entirety by the provisions
of the form of Warrant, which is filed as an exhibit to the registration statement of which this prospectus is a part. Prospective investors
should carefully review the terms and provisions set forth in the form of Warrant.

The Warrants issued in this
offering entitle the registered holders to purchase Common Stock at a price equal to $[●] per share (which shall be equal to 120%
of the offering price), subject to adjustments as discussed below, immediately following the issuance of such Warrants and terminating
at 5:00 p.m., New York City time, five years after the original issuance date.

The exercise price and number
of shares of Common Stock issuable upon exercise of the Warrants may be adjusted in certain circumstances, including in the event of a
stock dividend or recapitalization, reorganization, merger or consolidation.

Exercisability

The Warrants are exercisable
immediately upon issuance and at any time up to the date that is five years from the date of issuance. The W