Company: FLYE
Filing Date: 2025-04-22
Form Type: S-1
Source: 0001213900-25-034233
Chunk: 4

Company: Fly-E Group, Inc.
Filing Date: 2025-04-22
Form: S-1
Chunk 4
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ance requirements. See “Prospectus Summary— Implication of Being a Controlled Company.”

An investment in our securities involves a high degree of risk and should be considered only by persons who can afford the loss of their entire investment. See “ Risk Factors” beginning on page 11 of this prospectus, in our Annual Report on Form 10-K for the year ended March 31, 2024 (the “2024 Annual Report”), our Quarterly Reports on Form 10-Q for the quarters ended June 30, 2024, September 30, 2024 and December 31, 2024 (collectively, the “2024 Quarterly Reports”) and in our other reports filed with the Securities and Exchange Commission (the “SEC”) that are incorporated herein by reference before you make your decision to invest in our securities.

Neither the SEC nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.

|                                 |     | Per share of Common Stock and accompanying Warrants |      |     | Total |           |
|:--------------------------------|:----|:----------------------------------------------------|-----:|:----|:------|----------:|
| Offering price(1)               |     | $                                                   | 0.22 |     | $     | 8,000,000 |
| Placement Agent commissions(2)  |     | $                                                   | 0.02 |     |       |   560,000 |
| Proceeds to us, before expenses |     | $                                                   | 0.20 |     | $     | 7,440,000 |

| (1) | Assuming an offering price of $0.22 per share and maximum offering amount of approximately $8,000,000. |

| (2) | We have agreed to pay the Placement Agent a commission equal                                                                         
 to 7% of the gross proceeds of this offering. We have also agreed to provide the Placement Agent a non-accountable expense allowance 
 equal to 1% of the gross proceeds of this offering and out-of-pocket expenses up to a maximum amount of $150,000. See “Plan          
 of Distribution”.                                                                                                                    |

We expect to deliver the securities
comprising the Common Stock and the accompanying Warrants against payment in U.S. dollars in New York, NY on or about [●],
2025.

<div align='center'>American Trust Investment Services, Inc.

The date of this