secwatch.observer — SEC 8-K summary
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Issuer:     Fly-E Group, Inc. (FLYE)
CIK:        0001975940
Form:       8-K
Filed at:   2025-10-01T23:59:59+00:00
Accession:  0001213900-25-094777
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Fly-E Group closes $11M share sale at $0.80; adjourns special meeting on reverse stock split
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- Issued 13.75M shares at $0.80 each for gross proceeds of $11M via Regulation S exemption.
- Closing occurred Sept 30, 2025; total shares outstanding now 32,647,030.
- Special meeting adjourned to Oct 13 due to insufficient quorum; shareholders to vote on reverse split from 1:2 to 1:20.
- Purpose of reverse split is to maintain Nasdaq listing and avoid potential delisting.
- Company urges vote 'FOR' reverse split and adjournment proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1975940/000121390025094777/0001213900-25-094777-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1975940/000121390025094777/ea0259824-8k_fly.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-094777

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