Fly-E Group Inc FLYE

Consumer Cyclical Auto Manufacturers

Fly-E Group, Inc. is an electric vehicle (EV) company, which is principally engaged in designing, installing and selling smart electric motorcycles (e-motorcycles), electric bikes (e-bikes), electric scooters (e-scooters) and related accessories under the brand Fly E-Bike. It provides e-bikes to food delivery workers in New York City. It has approximately 39 retail stores, including 38 stores in the United States and one store in Canada. The Company also sells its products through its online store at flyebike.com. It has a diversified product portfolio that is designed to satisfy the various demands of its customers and address different urban travel scenarios. It offers 21 e-motorcycle products, 34 e-bike products and 12 e-scooter products. It sources vehicle components from China and the United States, and then assembles them into its vehicles in a leased facility located in Brooklyn, New York. It has produced approximately 4,015 e-motorcycles, 5,980 e-bikes and 2,107 e-scooters.

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Fly-E Group Inc

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Post by whytestockson Jun 07, 2024 8:00pm

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Fly-E Group, Inc. Announces Closing of its Initial Public Of

News; $FLYE Fly-E Group, Inc. Announces Closing of its Initial Public OfferingNew York, N.Y., June 07, 2024 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (Nasdaq: FLYE) (“FLYE”) today announced the closing of its initial public offering of 2,250,000 shares of its common stock, par value $0.01 per share, at an initial public offering price to the public of $4.00 per s...FLYE - Fly-E Group, Inc. Announces Closing of its Initial Public Offering

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