Company: FLYE
Filing Date: 2025-06-02
Form Type: 424B4
Source: 0001213900-25-050035
Chunk: 135

Company: Fly-E Group, Inc.
Filing Date: 2025-06-02
Form: 424B4
Chunk 135
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 100,341 |
| Cash paid for income taxes                                                         |     | $                   |    435,881 |   |     | $    |   148,064 |
| Supplemental disclosure of non-cash investing and financing activities             |     |                     |            |   |     |      |           |
| Settlement of accounts payable by related parties                                  |     | $                   |     50,000 |   |     | $    |         — |
| Settlement of accounts payable by capital contribution                             |     | $                   |  2,263,630 |   |     | $    |         — |
| Purchase of vehicle funded by loan                                                 |     | $                   |     34,974 |   |     | $    |         — |
| Unpaid deferred IPO cost                                                           |     | $                   |    225,000 |   |     | $    |    11,717 |
| Termination of operating lease right-of-use assets and operating lease liabilities |     | $                   | (2,814,235 | ) |     |      |         — |
| Right-of-use assets obtained in exchange for operating lease liabilities           |     | $                   | 10,771,688 |   |     | $    | 4,082,664 |

The accompanying notes are an integral part of these consolidated financial statements.

F-7

FLY-E GROUP, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1 — DESCRIPTION OF BUSINESS, ORGANIZATION AND BASIS OF PRESENTATION Organization and principal activities Fly -EGroup, Inc. (the “Company” or “Fly -EGroup”) was incorporated under the laws of the State of Delaware on November 1, 2022. The Company has no substantive operations other than holding all of the issued and outstanding shares of Fly E -BikeInc. (“Fly E -Bike”) and Fly EV, Inc. (“Fly EV”). Fly E -Bikeand Fly EV were incorporated under the laws of the State of Delaware on August 22, 2022 and November 1, 2022, respectively. Fly EV has no substantive operations. The Company, through its wholly owned subsidiaries, is principally engaged in designing, installing and selling smart electric bikes (“E -bikes”), electric motorcycles (“E -motorcycles”), electric scooters (“E -scooters”), and related accessories under the brand name of “Fly E -Bike.” The Company’s principal operations and geographic markets