Highest-materiality recent filing
Fly-E Group regains Nasdaq compliance after filing delinquent 10-Q
Received Nasdaq deficiency notice on Feb 27, 2026 for late filing of Form 10-Q for period ended Dec 31, 2025.
Fly-E Group receives Nasdaq deficiency letter for missing annual meeting deadline
Nasdaq notified Fly-E on April 17, 2026 of non-compliance with Listing Rule 5620(a) for failing to hold annual meeting within 12 months of FY ended March 31, 2025.
Fly-E Group dismisses Marcum Asia, appoints Fortune CPA as auditor; going concern noted
Audit committee dismissed Marcum Asia CPAs LLP and appointed Fortune CPA, Inc. effective March 6, 2026.
Fly-E Group gets Nasdaq deficiency notice for late 10-Q; SEC investigation disclosed
Received Nasdaq notice on Feb 27, 2026 for failure to timely file Form 10-Q for period ended Dec 31, 2025.
Fly-E Group Chairman Zhou Ou, COO Rui Feng, and CHRO Ke Zhang resign effective Feb 2
Zhou Ou resigned as Chairman of the Board but remains CEO of Fly-E Group.
Fly-E Group regains Nasdaq compliance after filing delayed 10-Q
Received Nasdaq deficiency notice on Nov 25, 2025 for late filing of Form 10-Q (quarter ended Sept 30, 2025).
Fly-E Group receives Nasdaq delisting notice for late Form 10-Q
Nasdaq Staff notified Fly-E on Nov 25, 2025 of non-compliance with Listing Rule 5250(c)(1) for missing Sep 30, 2025 Form 10-Q.
Fly-E Group appoints two independent directors; reassigns committee chairs
Bin Wang resigned as director and audit committee chair on Oct 31, 2025; no disagreement.
Fly-E Group announces 20-to-1 reverse stock split effective November 4, 2025
Shareholders approved reverse split range (1-for-2 to 1-for-20) on Oct 13; board set ratio at 20-to-1 on Oct 24.
Fly-E shareholders approve reverse stock split of 1:2 to 1:20
Reverse stock split approved by 17,313,674 votes FOR, 187,237 AGAINST, 4 abstain.
Fly-E Group closes $11M share sale at $0.80; adjourns special meeting on reverse stock split
Issued 13.75M shares at $0.80 each for gross proceeds of $11M via Regulation S exemption.
Fly-E Group raises $11M via private placement of 13.75M shares at $0.80 each
Gross proceeds of $11M from sale of 13.75M shares at $0.80 per share to non-U.S. persons under Regulation S.
Fly-E Group special meeting on reverse split adjourned due to lack of quorum; new date Oct 10, 2025
Special meeting scheduled Sep 15, 2025 lacked quorum; adjourned to Oct 10, 2025 at 10:00 a.m. ET (virtual).
Fly-E appoints Lisa Fan as CFO and Leqi Dong as independent director; CEO steps down as interim CFO
Lisa Fan appointed CFO and executive director effective Sep 17, 2025, at $60,000 annual compensation.
Fly-E Group CFO resigns, CEO named interim CFO; two directors resign
CFO Shiwen Feng resigned effective Aug 20, 2025; no disagreement with company.
Fly-E Group regains Nasdaq minimum bid price compliance after 11 days above $1
Received Nasdaq letter on July 22, 2025 confirming compliance with Listing Rule 5550(a)(2).
Fly-E Group reports FY2025 net loss of $5.3M vs prior year income of $1.9M; revenue down 21%
Net revenues $25.4M, down 21% from $32.2M; gross margin improved slightly to 41.1% from 40.7%.
Fly-E Group to effect 1-for-5 reverse stock split on July 7, 2025
Reverse split reduces outstanding shares from ~53.2M to ~10.6M.
Fly-E Group raises $6.94M in registered direct offering of stock and warrants
Gross proceeds $6.94M from sale of 28.6M shares at $0.2428/unit (each share with two warrants).
Fly-E Group settles trademark litigation with UL for $1M, agrees to permanent injunction
Settled litigation with UL LLC over unauthorized use of UL Marks on uncertified products.
Fly-E Group shareholders approve up to 50% discount stock offering
Special meeting on April 25, 2025 approved issuance of securities at up to 50% below market price.
Fly-E Group gets Nasdaq extension to Sept 29, 2025 for $1 bid price compliance
Company had until March 31, 2025 to regain compliance; received 180-day extension to September 29, 2025.
Fly-E Group shareholders approve reverse split, authorized share increase, and classified board
Stockholders approved reverse stock split (1-for-2 to 1-for-15) at board's discretion within one year.
Fly-E Group Q3 FY2025 net loss $0.7M; revenue down 24% to $5.7M
Revenue $5.7M for Q3 ended Dec 2024, down 23.6% from $7.4M YoY; sales volume fell 3,511 units to 9,989.
Fly-E Group Q2 FY2025 revenue falls 22% to $6.8M, swings to net loss of $1.1M
Q2 revenue $6.8M (-22.1% YoY); gross margin stable at 42.6% vs 42.9%.
Fly-E Group CFO and director Ruifeng Guo resigns; Shiwen Feng appointed as successor
Resignation of Ruifeng (Steven) Guo as CFO and director effective Nov 6, 2024; not due to any disagreement with Company's accounting or operations.
Fly-E Group receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq notified Fly-E on Oct 2, 2024 that its stock closed below $1.00 for 31 consecutive business days.
Director Alan Jacobs resigns; Zanfeng Zhang appointed to board effective Aug 21
Alan Jacobs resigned as director on Aug 15, 2024; no disagreement with company.
Fly-E Group swings to Q1 net loss of $0.2M; revenue flat at $7.9M
Net loss of $0.2M vs net income of $0.4M YoY; diluted EPS -$0.01 vs +$0.02.
Fly-E Group FY2024 revenue up 47.9% to $32.2M; net income rises 37.5%
Net revenue $32.2M (+47.9% YoY); gross profit $13.1M (+58.1%); gross margin 40.7% from 38.1%.
Fly-E Group underwriters fully exercise over-allotment, raising $10.35M gross in IPO
Underwriters purchased 337,500 additional shares at $4.00 per share, exercising full over-allotment.
Fly-E Group raises $9M in IPO at $4.00/share; lists on Nasdaq under FLYE
IPO of 2,250,000 shares at $4.00 per share, gross proceeds $9.0M.
Mr. Ruifeng (Steven) Guo, the Chief Financial Officer and a director of the board of the directors (the “Board”) of Fly-E Group, Inc. (the “Company”), tendered his resignation as Chief Financial Officer and director of the Company, effective November 6, 2024.
Mr. Ruifeng (Steven) Guo, the Chief Financial Officer and a director of the board of the directors (the “Board”) of Fly-E Group, Inc. (the “Company”), tendered his resignation as Chief Financial Officer and director of the Company, effective November 6, 2024.
the Board appointed Ms. Shiwen Feng as the Company’s Chief Financial Officer and a director to fill the vacancies created by the resignation of Mr. Guo, effective November 7, 2024.
the Board appointed Ms. Shiwen Feng as the Company’s Chief Financial Officer and a director to fill the vacancies created by the resignation of Mr. Guo, effective November 7, 2024.
Effective August 21, 2024, the Board appointed Mr. Zanfeng Zhang, to serve as a member of the Board to fill the vacancy created by the resignation of Mr. Jacobs.
On August 15, 2024, Mr. Alan Jacobs, a member of the Board of Directors (the “Board”) of Fly-E Group, Inc. (the “Company”) and a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, notified the Company of his resignation from the Company’s Board effective August 15, 2024.
Max materiality 0.75 · Median 0.65 · Most common event other_material