Fly-E Group, Inc., an electric vehicle company known for its smart electric motorcycles, bikes, and scooters, has successfully regained compliance with Nasdaq's minimum bid price requirement. As of July 22, 2025, the company received confirmation from the Nasdaq Stock Market LLC that it has met the necessary criteria by maintaining a closing bid price of at least $1.00 per share for 11 consecutive business days, exceeding the minimum requirement of 10 days. This compliance closes the regulatory issue previously faced by Fly-E Group, as per Nasdaq Marketplace Rule 5550(a)(2).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fly-E Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-068200), on July 28, 2025, and is solely responsible for the information contained therein.