Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 22

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 22
---
 struggle to control operational costs effectively.

●Weak brand recognition may impact customer acceptance and sales.

●Our limited operating history makes it hard to predict future performance.

●There is substantial doubt about our ability to continue as a going concern.

●Material weaknesses exist in our internal controls over financial reporting.

●We face intense competition in a young and fast-evolving market.

●Product liability claims could significantly harm our financial position.

●We rely on key executives; their loss could impact operations.

●Our management lacks experience running a public company.

●We may face costly and time-consuming intellectual property disputes.

●Inadequate protection of IP could lead to litigation and brand damage.

●Cybersecurity threats could compromise our systems and data.

●We may fail to develop new products or improve existing ones to meet demand.

●Limited experience with vehicle servicing may harm customer satisfaction.

●Warranty claims or recalls could have a major financial impact.

●Aftermarket modifications may impair vehicle performance and harm our reputation.

15

Risks Related to Our Securities

●A stable and active market for our stock may not develop or be maintained.

●Stock price may be highly volatile and unpredictable.

●Directors and officers hold significant control, limiting shareholder influence.

●Public company status increases compliance costs.

●Lack of analyst coverage or negative analyst opinions may reduce stock value.

●“Emerging growth company” status may deter investors due to reduced disclosures.

●As a “smaller reporting company,” we may provide less public information.

●Future issuance of preferred stock could deter takeovers and affect stock value.

●We do not expect to pay cash dividends in the near future.

●Future stock sales may dilute ownership and lower the stock price.

●Directors and executive officers’ 18.7% control may block beneficial actions for shareholders.

●Delaware laws and corporate bylaws may hinder mergers or takeovers.

●Public company compliance diverts management focus from core operations.

●We may fail to meet Nasdaq listing requirements.

●FINRA rules may restrict buying/selling of our stock.

●Warrant holders have no stockholder rights until conversion.

●Lack of analyst reports or negative changes in coverage could harm our stock.

16

Risks Related to the Company’s Business,
Operations, and Industry 

We may be unable to meet our growing production
plans and delivery plans, any of which could harm our business and prospects.

In order to meet the demand
of our products in domestic and overseas markets, we plan to open more stores overseas while focusing on