Company: FLYE
Filing Date: 2025-04-22
Form Type: S-1
Source: 0001213900-25-034233
Chunk: 26

Company: Fly-E Group, Inc.
Filing Date: 2025-04-22
Form: S-1
Chunk 26
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 able to make decisions such
as (i) making amendments to our certificate of incorporation and bylaws, (ii) whether to issue additional shares of Common Stock and
preferred stock, including to themselves, (iii) employment decisions, including compensation arrangements, (iv) whether to enter into
material transactions with related parties, (v) election and removal of directors and (vi) any merger or other significant corporate
transactions. The interests of our directors and officers may not coincide with our interests or the interests of other stockholders.

Anti-takeover provisions in our amended and restated certificate of incorporation, as amended and our amended and restated bylaws, as well as provisions of Delaware law, might discourage, delay or prevent a change in control of our company or changes in our management and, therefore, depress the trading price of our Common Stock.

Our amended and
restated certificate of incorporation, as amended, and amended and restated bylaws and Delaware law contain provisions that may
discourage, delay or prevent a merger, acquisition or other change in control that stockholders may consider favorable, including
transactions in which you might otherwise receive a premium for your shares of our Common Stock. These provisions may also prevent
or delay attempts by our stockholders to replace or remove our management. Our corporate governance documents include
provisions:

| ● | providing for a classified board of directors, as a result of which our board of directors is divided 
 into three classes, with each class serving for staggered three-year terms;                           |

| ● | the removal of directors only for cause; |

| ● | requiring advance notice of stockholder proposals for business to be conducted at meetings of our stockholders 
 and for nominations of candidates for election to our board of directors;                                      |

| ● | authorizing blank check preferred stock, which could be issued with voting, liquidation, dividend and 
 other rights superior to our Common Stock; and                                                        |

| ● | limiting the liability of, and providing indemnification to, our directors and officers. |

Any provision of our amended
and restated certificate of incorporation, as amended or amended and restated 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.

The existence of the foregoing provisions and anti-takeover
measures could limit the price that investors might be