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Fly-E Group Resolves Nasdaq Compliance Issue After Delayed Filing

Fly-E Group Resolves Nasdaq Compliance Issue After Delayed Filing

A notification from Nasdaq landed at Fly-E Group’s New York headquarters on July 21, warning the electric vehicle manufacturer that it had fallen out of compliance with listing rules. The alert stemmed from the company's failure to submit its annual financial report by the required deadline.

The Nasdaq Listing Qualifications Staff issued the notice after Fly-E Group failed to file its Form 10-K for the fiscal year ending March 31, 2026. While the warning did not immediately threaten the company’s presence on the exchange, it set a clock on the firm to resolve the oversight or face potential delisting. Under standard procedures, the company had until September 21 to submit a plan for regaining compliance, which could have extended the deadline into early 2027.

Fly-E Group rendered the formal remediation plan unnecessary by submitting the overdue Annual Report on Form 10-K to the Securities and Exchange Commission on July 23. By closing the reporting gap two days after receiving the notice, the company has effectively addressed the procedural default. Fly-E Group, which specializes in the design and retail of electric motorcycles and scooters under the Fly E-Bike brand, remains listed on the Nasdaq under the ticker symbol FLYE.

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