# EDGAR Filing Document

**Accession Number:** 0001975940
**File Stem:** 0001213900-25-076663
**Filing Date:** 2025-8
**Character Count:** 8437
**Document Hash:** 18348eb4ddff044e6f6282b0b796c0e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-076663.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001213900-25-076663

**CONFORMED SUBMISSION TYPE**: NT 10-Q

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fly-E Group, Inc.
- **CENTRAL INDEX KEY:** 0001975940
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 920981080
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NT 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42122
- **FILM NUMBER:** 251219048

**BUSINESS ADDRESS:**
- **STREET 1:** 136-40 39TH AVE.
- **STREET 2:** STE202
- **CITY:** QUEENS
- **STATE:** NY
- **ZIP:** 11354
- **BUSINESS PHONE:** (929) 261-9979

**MAIL ADDRESS:**
- **STREET 1:** 136-40 39TH AVE.
- **STREET 2:** STE202
- **CITY:** QUEENS
- **STATE:** NY
- **ZIP:** 11354

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 12b-25**

**NOTIFICATION OF LATE FILING**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| (CHECK ONE): | **☐** Form 10-K | **☐** Form 20-F | **☐** Form 11-K | **☒** Form 10-Q | **☐** Form N-SAR |

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Commission File Number: <u>001-42122</u>

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| | |
|:---|:---|
| For Period Ended: **June 30, 2025** | For Period Ended: **June 30, 2025** |
| **☐** | Transition Report on Form 10-K |
| **☐** | Transition Report on Form 20-F |
| **☐** | Transition Report on Form 11-K |
| **☐** | Transition Report on Form 10-Q |
| **☐** | Transition Report on Form N-SAR |
| For the Transaction Period Ended: | For the Transaction Period Ended: |

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***READ INSTRUCTION (ON BACK PAGE) BEFORE PREPARING FORM. PLEASE PRINT OR TYPE*.**

**NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS<br> VERIFIED ANY INFORMATION CONTAINED HEREIN.**

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

**PART I - REGISTRANT INFORMATION**

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| |
|:---|
| **Fly-E Group, Inc.** |
| Full Name of Registrant |
| Former Name if Applicable |
| **136-40 39th Avenue** |
| Address of Principal Executive Office (Street and Number) |
| **Flushing, New York 11354** |
| City, State and Zip Code |

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**PART II - RULES 12b-25(b) AND (c)**

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

**☒** (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

**PART III - NARRATIVE**

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period.

The Registrant is unable to file its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024 within the prescribed time period without unreasonable effort or expense because additional time is needed to prepare the financial statements for the quarterly period ended June 30, 2025.

The Registrant intends to file the subject Quarterly Report on Form 10-Q on or before the fifth calendar day following the prescribed due date.

**PART IV - OTHER INFORMATION**

(1) Name and telephone number of person to contact in regard
to this notification

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| | | |
|:---|:---|:---|
| **Zhou Ou** | **(929)** | **261-9979** |
| (Name) | (Area Code) | (Telephone Number) |

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(2) Have all other periodic reports required under Section 13
or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or
for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).

☒ Yes ☐ No

(3) Is it anticipated that any significant change in results
of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the
subject report or portion thereof?

☒ Yes ☐ No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

For the three months ended June 30, 2025, the Registrant's net revenues decreased by 32.3% to $5.3 million, compared to $7.9 million for the same period in 2024, which was primarily driven by a decrease in total units sold, which dropped by 6,432 units, from 16,880 units for the three months ended June 30, 2024, to 10,448 units for the three months ended June 30, 2025, and by the decreased average sales price of EV, which decreased by $93 per EV, from $1,053 in the three months ended June 30, 2024 to $960 in the three months ended June 30, 2025. The decrease in volume and average sales price is mainly due to recent lithium-battery accidents involving E-Bikes and E-Scooters. With an increasing number of lithium-battery explosion incidents in New York, customers are less inclined to purchase E-Bikes. Consequently, sales have declined as customers opt for oil-powered vehicles over electric vehicles. The decrease in volume also attributed in part to the closures and disposition of Registrant's retail stores during the three months ended June 30, 2025.

The amounts reported above are still under review and may differ once reported in the Form 10-Q to be filed by the Registrant.

Cautionary Note Regarding Forward-Looking Statements

This Notification of Late Filing on Form 12b-25, or this Form 12b-25, contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "anticipates," "believe," "may," "future," "plan," "should" or "expects." Forward-looking statements in this Form 12b-25 include, but are not limited to, the expected timing of the filing of the Form 10-Q and the Registrant's expected financial results to be included in the Form 10-Q. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including risks and uncertainties related to the compilation and finalization of the Registrant's financial statements and Quarterly Report. These and other risks are identified in the Registrant's filings with the Securities and Exchange Commission, including, without limitation, the Registrant's Annual Report on Form 10-K for the year ended March 31, 2025, and in other filings subsequently made by the Registrant. All forward-looking statements contained in this Form 12b-25 speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. The Registrant does not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.

**Fly-E Group, Inc.**

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| Date: | August 14, 2025 | By: | /s/ Zhou Ou |
|  |  |  | Zhou Ou |
|  |  |  | Chief Executive Officer |

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