Fly-E Group Inc Stock Price, News & Analysis

Fly-E Group (Nasdaq: FLYE), an electric vehicle company specializing in smart electric motorcycles, bikes, and scooters, has announced its entry into the South American market through two major initiatives in Mexico: the grand opening of its first retail store in Mexico City and a strategic partnership with TECHNOLOGIES E-SOLOMO.

Under the Strategic Partnership Agreement, E-Solomo will support Fly-E's Mexican market expansion through its established sales network while gaining access to Fly-E's proprietary technologies. The collaboration includes plans for IoT technology implementation, smart mobility solutions, and the development of a joint after-sales service network in Mexico.

CEO Andy Ou emphasized the significant potential in the Mexican electric two-wheeler market and revealed plans for additional store openings across South America and Europe as part of the company's international expansion strategy.

Fly-E Group (Nasdaq: FLYE), a company specializing in smart electric motorcycles, bikes, and scooters, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on July 22, 2025.

To meet the compliance requirement, FLYE's common stock maintained a closing bid price of $1.00 or higher for 11 consecutive business days from July 7 through July 21, 2025, exceeding the minimum requirement of 10 consecutive business days. This achievement resolves the previous listing compliance issue under Nasdaq Marketplace Rule 5550(a)(2).

Fly-E Group (Nasdaq: FLYE), an electric vehicle company specializing in e-motorcycles, e-bikes, and e-scooters, reported challenging financial results for fiscal year 2025. Net revenues decreased 21.0% to $25.4 million, with gross profit falling to $10.5 million from $13.1 million. The company posted a net loss of $5.3 million, compared to net income of $1.9 million in FY2024.

Despite revenue challenges, gross margin improved to 41.1% due to reduced battery costs. Operating expenses increased significantly by 52.5% to $15.0 million. The company's rental service expanded to major cities, and a recent public offering in June 2025 strengthened its capital position. Sales were impacted by lithium-battery safety concerns and store closures, while the company continues investing in product safety and digital platforms.

Fly-E Group (Nasdaq: FLYE), a company specializing in electric motorcycles, bikes, and scooters, has announced a 1-for-5 reverse stock split effective July 7, 2025. The split will reduce outstanding shares from 53,183,053 to approximately 10,636,611.

The company's stock will continue trading under the symbol "FLYE" with a new CUSIP number 343927208. The reverse split will proportionally adjust warrant exercise prices and equity incentive plan shares, with fractional shares rounded up. This strategic move aims to increase the stock's market price to maintain Nasdaq listing requirements and attract institutional investors.

American Trust Investment Services (ATIS) has been appointed as the exclusive placement agent for Fly-E Group's (NASDAQ: FLYE) follow-on public offering. The offering includes 28,595,553 common stock shares and 57,191,106 warrants at $0.2428 per share and accompanying warrants, aiming to raise approximately $6.94 million in gross proceeds. Each share comes with two five-year warrants, exercisable immediately at 120% of the offering price. Fly-E Group, a U.S.-based electric vehicle company specializing in smart electric motorcycles and e-bikes under the Fly E-Bike brand, operates over 30 retail stores nationwide. The company plans to use the proceeds for inventory purchases, vehicle production, and general corporate purposes.

Fly-E Group (NASDAQ: FLYE), an electric vehicle company specializing in smart electric motorcycles, bikes, and scooters, has completed a public offering raising $6.94 million. The offering consisted of 28,595,553 shares of common stock and 57,191,106 warrants, priced at $0.2428 per unit. Each unit included one share and two warrants, with each warrant exercisable at $0.2913 (120% of offering price) for five years. The company plans to use the proceeds for inventory purchases, vehicle production costs, and working capital. American Trust Investment Services acted as the exclusive placement agent for the offering, which closed on June 4, 2025.

Fly-E Group (NASDAQ: FLYE), an electric vehicle company specializing in smart electric motorcycles, bikes, and scooters, has announced a public offering of 28,595,553 shares of common stock and 57,191,106 warrants. The offering is priced at $0.2428 per share, with each share accompanied by two warrants. Each warrant allows the purchase of one common stock share at $0.2913 (120% of offering price) and expires in five years. The offering, expected to close around June 3, 2025, aims to raise approximately $6.94 million in gross proceeds. The funds will be used for inventory purchases, vehicle production costs, and working capital. American Trust Investment Services is serving as the exclusive placement agent for this offering.

Fly-E Group (NASDAQ: FLYE), a company specializing in smart electric motorcycles, bikes, and scooters, announced its participation in the D. Boral Capital Inaugural Global Conference on May 14, 2025, at the Plaza Hotel in New York City. The company's management team will engage in one-on-one meetings with investors during the conference.

The conference will feature approximately 75 presenting companies and hundreds of institutional investors, providing a platform for cross-sector engagement and networking. The event aims to showcase both public and private companies in an intimate setting, offering insights and expert commentary across multiple sectors.

UL Solutions (NYSE: ULS) has filed a lawsuit against Fly-E Group (NYSE: FLYE) and its subsidiaries for allegedly counterfeiting the UL Mark on their e-mobility products. The lawsuit targets Fly-E Group's entire line of e-bikes, e-scooters, and e-motorcycles that were falsely advertised as UL Certified without undergoing proper product testing.

The complaint accuses Fly-E Group of federal trademark infringement, using false descriptions in violation of the Trademark Act of 1946, unfair competition, unjust enrichment, and deceptive trade practices under New York law. UL Solutions is pursuing a permanent injunction, statutory damages, and punitive damages, citing the defendant's intentional infringement and disregard for consumer safety.

The UL Mark, used since 1937, appears on billions of products as a symbol of safety certification. UL Solutions has requested a trial by jury for the case.