Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 46

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 46
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 prevent a change of control of us or changes in its management that the stockholders may deem advantageous. These
provisions include the following:

●establish a classified
                                            board of directors so that not all members of our board of directors are elected at one time;

●permit the board
                                            of directors to establish the number of directors and fill any vacancies and newly-created
                                            directorships;

●provide that directors
                                            may only be removed for cause;

●require super-majority
                                            voting to amend some provisions in our bylaws;

●prohibit stockholder
                                            action by written consent, which requires all stockholder actions to be taken at a meeting
                                            of the stockholders;

●provide that the
                                            board of directors is expressly authorized to amend or repeal our bylaws;

●restrict the forum
                                            for certain litigation against the Company to Delaware; and

●establish advance
                                            notice requirements for nominations for election to our board of directors or for proposing
                                            matters that can be acted upon by stockholders at annual stockholder meetings.

Any provision of our amended
and restated certificate of incorporation (as amended) or bylaws or Delaware law that has the effect of delaying or deterring a change
in control could limit the opportunity for our stockholders to receive a premium for their shares of our common stock, and could also
affect the price that some investors are willing to pay for our common stock.

Our management is required to devote a
substantial amount of time to comply with public company regulations.

As a public company, we
incur significant legal, accounting and other expenses that we did not incur as a private company. The Sarbanes-Oxley Act, the Dodd-Frank
Wall Street Reform and Consumer Protection Act as well as rules implemented by the SEC and Nasdaq, impose various requirements on public
companies, including those related to corporate governance practices. Our management and other personnel will need to devote a substantial
amount of time to these requirements. Certain members of our management do not have significant experience in addressing these requirements.
Moreover, these rules and regulations will increase our legal and financial compliance costs and will make some activities more time-consuming
and costly.

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Among other things, our
management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and
15d-15(f) under the Securities Exchange Act of 1934, as amended, or the Exchange Act. Our compliance with these