secwatch.observer — SEC 8-K summary
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Issuer:     Fly-E Group, Inc. (FLYE)
CIK:        0001975940
Form:       8-K
Filed at:   2024-06-27T23:59:59+00:00
Accession:  0001213900-24-056755
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fly-E Group underwriters fully exercise over-allotment, raising $10.35M gross in IPO
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- Underwriters purchased 337,500 additional shares at $4.00 per share, exercising full over-allotment.
- Total IPO size increased to 2,587,500 shares with aggregate gross proceeds of $10.35 million.
- Proceeds to fund inventory, production costs, retail expansion, technology, R&D, and general corporate purposes.
- Warrants issued to Benchmark Company for 16,875 shares at $4.00 exercise price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1975940/000121390024056755/0001213900-24-056755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1975940/000121390024056755/ea0208664-8k_flyegroup.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-056755

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