$FLYE

Fly-E Group (FLYE) announced CEO Lisa Fan's resignation and appointed Qiang Chen as her successor. The company's stock is trading at $1.84, down 88% over the past year, with a market cap of $2.95 million. Chen's annual compensation is set at $60,000. Additionally, Jingxia Song was appointed as an independent director. The changes were disclosed in an SEC filing. The company recently held its 2025 Annual Meeting of Shareholders, where a reverse stock split was proposed.

Fly-E Group, Inc. (FLYE) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 11, 2026, Lisa Fan resigned from her positions as Chief Executive Officer and Director of Fly-E Group, Inc. (t

Fly-E Group, Inc. (FLYE) received a delinquency notice from Nasdaq for delayed Form 10-Q filing. The company filed the form on September 1, 2026, and received compliance confirmation from Nasdaq on September 3, 2026. The notice did not affect trading. Fly-E designs, sells, and rents electric vehicles.

GoPro (GPRO) to merge with Starman Optical for $285M, expanding into AI data centers. Fly-E (FLYE) reports $19.1M revenue, growing in electric mobility. Cellyan (HKPD) operates in cross-border pharmaceutical e-commerce. VivoSim (VIVS) has $10.1M cash, aided by a $5M milestone from Eli Lilly (LLY).

Fly-E Group (NASDAQ:FLYE) shares rose 1.33% after hours to $2.33 despite weaker Q1 2027 results. Revenue fell 48.4% YoY to $2.7M, gross margin dropped to 10.9%, and net loss widened to $3.9M. CEO cited wholesale growth and a leaner model. Stock gained 60.58% during the day, with elevated volume. Market cap is $3.59M, 52-week range $1.36-$22.

Fly-E Group, Inc. (Nasdaq: FLYE) reported Q1 2027 results: revenue fell 48.4% to $2.7M, gross margin dropped to 10.9% from 42.4%, and net loss widened to $3.9M. The company reduced retail stores to four from 20, cutting retail sales but growing wholesale revenue by 46.9%. CEO Andy Ou highlighted shifts to an asset-light model and tech investments for long-term growth.

A weekly tech market roundup cites multiple company updates. Oracle won a nearly $7B, 10-year Navy enterprise software deal. IBM Q2 revenue was $17.16B and adjusted EPS $2.93. Alphabet revenue was $119.8B vs $116.93B expected. Other items include AMD AI partnerships, Amkor-Nvidia packaging, and workforce cuts at monday.com.

Fly-E Group (NASDAQ:FLYE) shares rose 12.86% to $1.88 in after-hours after reporting fiscal 2026 results. Net revenue fell 25% to $19.1M, driven by a 68.1% retail sales drop, while wholesale revenue rose 227.5% to $11.6M. Gross margin fell to 24.4% and net loss widened to $9.3M. The company also disclosed a Nasdaq delinquency notice tied to a late SEC filing.

Fly-E Group, Inc. (Nasdaq: FLYE) reported fiscal year 2026 results ended March 31, 2026. Net revenue fell to $19.1 million from $25.4 million, gross profit to $4.7 million from $10.5 million, and net loss widened to $9.3 million from $5.3 million. Cash was $0.3 million as of March 31, 2026, down from $0.8 million.

Fly-E Group, Inc. (Nasdaq: FLYE) said Nasdaq notified it on July 21, 2026 of non-compliance with Listing Rule 5250(c)(1) for failing to timely file its Form 10-K for the period ended March 31, 2026. Nasdaq said the notice has no immediate delisting effect, but delisting could occur if compliance is not regained. The company filed the 10-K on July 23, 2026.