Fly-E Group regains compliance with Nasdaq minimum bid price rule

Fly-E Group (FLYE) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market on July 22, 2025, notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement. To regain compliance with the minimum bid price requirement, the Company’s common stock is required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. The Company evidenced a closing bid price of its common stock at or greater than the $1.00 per share minimum requirement for the last 11 consecutive business days, from July 7, 2025 through July 21, 2025. Accordingly, Nasdaq determined that Fly-E has regained compliance with Nasdaq Marketplace Rule 5550(a)(2) and the matter is now closed.