Company: FLYE
Filing Date: 2025-05-05
Form Type: S-1/A
Source: 0001213900-25-039419
Chunk: 211

Company: Fly-E Group, Inc.
Filing Date: 2025-05-05
Form: S-1/A
Chunk 211
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pursuant to which the Company engaged DGLG as a consultant to assist the Company in its IPO planning, financing and tax services. Mr.
Guo, the Company’s former CFO who resigned on November 6, 2024, is a partner at DGLG. Under the terms of the engagement agreement
with DGLG, the Company has agreed to compensate DGLG for consulting services based on an hourly fee arrangement. DGLG’s consulting
fees were $ and $ for the nine months ended December 31, 2024 and 2023, respectively. In addition, during the nine months
ended December 31, 2024, the Company paid DGLG a total of $ for tax services, including sales tax services, payroll tax services,
and income tax services, rendered by DGLG.

On April 1, 2023, the Company agreed to retain the services of PJMG, a
company in which Mr. Guo, the Company’s former CFO who resigned on November 6, 2024, holds over % of the equity interests as a
consultant following the completion of its IPO. To secure these services, the Company prepaid a total of $ to PJMG as of December
31, 2024. $ was expensed as consulting expenses during the nine months ended December 31, 2024. During the nine months ended December
31, 2024, the Company paid PJMG a total of $ for consulting services.

14 - SUBSEQUENT EVENTS The Company has evaluated subsequent events after December 31, 2024, up through February 19, 2025, the date at which the unaudited condensed consolidated financial statements were issued. Except for the events mentioned below, the Company did not identify any subsequent events with material financial impact on the Company’s unaudited condensed consolidated financial statements. On January 29, 2025, the Company opened a new store at 369 Central Ave, Jersy City, NJ 07307. F-63 Fly-E Group, Inc. Up to 38,095,238 Shares of Common Stock Up to 76,190,476 Warrants to Purchase Common Stock Up to 76,190,476 Shares of Common Stock Underlying the Warrants Prospectus ___________, 2025 American Trust Investment Services, Inc. PART II INFORMATION NOT REQUIRED IN PROSPECTUS Item 13. Other Expenses of Issuance and Distribution. The following table indicates the expenses