# Fly-E Group, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

- Link: https://www.thailand-business-news.com/pr-news/fly-e-group-inc-receives-nasdaq-notification-of-non-compliance-with-listing-rule-5250c1
- Published: 2026-07-24T04:15:00+07:00
- Author: PR Newswire

NEW YORK, July 24,2026 /PRNewswire/ — Fly-E Group, Inc. (Nasdaq: FLYE) ("Fly-E" 
or the "Company"), an electric vehicle company engaged in designing, installing,
selling, and renting smart electric motorcycles, electric bikes, and electric scooters,
today announced that on July 21, 2026, it received a delinquency notification letter
from the Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") 
due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing
Rule") as a result of the Company’s failure to timely file its Annual Report on 
Form 10-K for the period ended March 31, 2026 (the "Filing"). The Listing Rule requires
listed companies to timely file all required periodic financial reports with the
Securities and Exchange Commission (the "SEC").

This Notice has no immediate effect on the listing of the Company’s securities on
Nasdaq. However, if the Company fails to timely regain compliance with the Rule,
the Company’s securities will be subject to delisting from Nasdaq.

The Notice provides that the Company may submit to Nasdaq a plan to regain compliance
with the Nasdaq Listing Rule by September 21, 2026. If Nasdaq accepts the Company’s
plan, then Nasdaq may grant the Company up to 180 calendar days from the Filing’s
due date, or until January 11, 2027, to regain compliance. If Nasdaq does not accept
the Company’s plan, then the Company will have the opportunity to appeal that decision
to a Nasdaq Hearings Panel.

The Company filed its Annual Report on Form 10-K for the period ended March 31, 
2026 on July 23, 2026, which would eliminate the need for the Company to submit 
a formal plan to regain compliance.

**About Fly-E Group, Inc.**

Fly-E Group, Inc. is an electric vehicle company that is principally engaged in 
designing, installing, selling, and renting smart electric motorcycles, electric
bikes and electric under the brand "Fly E-Bike." The Company’s commitment is to 
encourage people to incorporate eco-friendly transportation into their active lifestyles,
ultimately contributing towards building a more environmentally friendly future.
For more information, please visit the Company’s website: [https://investors.flyebike.com](https://investors.flyebike.com/).

**Forward-Looking Statements**

Certain statements in this announcement are forward-looking statements. These forward-
looking statements involve known and unknown risks and uncertainties and are based
on the Company’s current expectations and projections about future events that the
Company believes may affect its financial condition, results of operations, business
strategy and financial needs. Investors can find many (but not all) of these statements
by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates,""
estimates," "projects," "intends," "plans," "will," "would," "should," "could," "
may" or other similar expressions. Although the Company believes that the expectations
expressed in these forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct. The Company cautions investors
that actual results may differ materially from the anticipated results, and that
the forward-looking statements contained in this press release are subject to the
risks set forth in the Company’s filings with the Securities and Exchange Commission(
the "SEC"), including the section under "Risk Factors" of its most recent Annual
Report on Form 10-K for the fiscal year ended March 31, 2026, filed with the SEC
on July 23, 2026, as amended by the Company’s subsequent filings, including updates
to the Risk Factors. The Company undertakes no obligation to update or revise publicly
any forward-looking statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.

**For investor and media inquiries, please contact:**

**Fly-E Group, Inc.Investor Relations Department
Email: [ir@flyebike.com](https://www.thailand-business-news.com/pr-news/ir@flyebike.com)

**Seaquant ConsultingEmail: [investors@sea-quant.com](https://www.thailand-business-news.com/pr-news/investors@sea-quant.com)

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**Read the original article :** [Fly-E Group, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) ](http://www.prnasia.com/story/archive/5011155_CN11155_0?rand=184833)
