other_material
confidence high
sentiment neutral
materiality 0.50
Fly-E Group to effect 1-for-5 reverse stock split on July 7, 2025
Fly-E Group, Inc.
- Reverse split reduces outstanding shares from ~53.2M to ~10.6M.
- Effective 5:00 pm ET July 3; trading on split-adjusted basis opens July 7.
- New CUSIP 343927208; ticker FLYE unchanged.
- Intent is to maintain Nasdaq listing and attract institutional investors.
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