Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 1.0
Fly-E Group, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
- Exchange
- nasdaq
- Notice
- noncompliance notice
- Deficiency
- minimum bid price
- Rules
- 5550(a)(2), 5810(c)(3)(A)
Exact text from the filing
October 2, 2024, Fly-E Group, Inc., a Delaware corporation (the “ Company ”), received written notice from The Nasdaq Stock Market, LLC (“ Nasdaq ”) indicating that the bid price for the Company’s common stock (the “ Common Stock ”) for the last 31 consecutive business days had closed below the minimum $1.00 per share and, as a result, the Company was not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was granted 1
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Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 1.0
Fly-E Group, Inc. received a nasdaq extension granted notice regarding minimum bid price.
- Exchange
- nasdaq
- Notice
- extension granted
- Deficiency
- minimum bid price
Exact text from the filing
April 2, 2025, the Company received a letter (the “ Letter ”) from the Staff notifying the Company that it is eligible for an additional 180 calendar day period from the date of the Letter, or until September 29, 2025 (the “ Additional Compliance Period ”) to regain compliance with the minimum bid price requirement. If at any time during the Additional Compliance Period, the Company’s Common Stock has a closing bid price of at least $1.00 per share for a minimum of 10 consecutive trading days, Nasdaq will provide the Company with written confirmation of compliance with the minimum bid price re
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