FLYE 10-Q: Divestiture

Filed with the SEC on · accession 0001213900-26-119848

FLYE filed a 10-Q (quarterly report) with the SEC on Nov 13, 2026. The quarterly report: unaudited results for the quarter plus management’s comments. The stock moved -12.5% by the first close after the filing.

Summary of the filing

Fly-E Group completed the disposal of numerous wholly-owned subsidiaries through share transfer agreements to third-party buyers for total cash consideration of approximately $2.1 million, with portions of the consideration still outstanding as of June 30, 2026.

Key details

Total consideration for FLYMHT INC, FLY14 CORP, EDISONEBIKE INC, FLY6AVE INC$635K
Total consideration for FLYEBIKE BROOKLYN INC, FLYMHT659 INC, FLYBX745 INC$310K
Total consideration for ARFY CORP., FLY GC INC., ESEBIKE INC$157K
Total consideration for UFOTS CORP and FLYCORONA INC$60K
Total consideration for OFLYO INC, FLYCYCLE INC, FLYBX2381 INC$236K
Total consideration for FLYAM INC, FLYTRON INC, MEEBIKE$96K
Total consideration for TKPGO CORP, FIYET INC, FLYCLB INC$2K
Total consideration for DCMOTOR INC and FLYNJ1 INC$2
Total consideration for FLYFLS INC, FLYNJ2 INC, FLY E BIKE NJ3, FLYNJ4 INC, FLYTORONTO Corp$1.4M
Divested subsidiaryFLYMHT INC
Divested subsidiaryFLY14 CORP
Divested subsidiaryEDISONEBIKE INC
Divested subsidiaryFLY6AVE INC
Divested subsidiaryFLYEBIKE BROOKLYN INC
Divested subsidiaryFLYMHT659 INC
Divested subsidiaryFLYBX745 INC
Divested subsidiaryARFY CORP.
Divested subsidiaryFLY GC INC.
Divested subsidiaryESEBIKE INC
Divested subsidiaryUFOTS CORP
Divested subsidiaryFLYCORONA INC
Divested subsidiaryOFLYO INC
Divested subsidiaryFLYCYCLE INC
Divested subsidiaryFLYBX2381 INC
Divested subsidiaryFLYAM INC
Divested subsidiaryFLYTRON INC
Divested subsidiaryMEEBIKE
Divested subsidiaryTKPGO CORP
Divested subsidiaryFIYET INC
Divested subsidiaryFLYCLB INC
Divested subsidiaryDCMOTOR INC
Divested subsidiaryFLYNJ1 INC
Divested subsidiaryFLYFLS INC
Divested subsidiaryFLYNJ2 INC
Divested subsidiaryFLY E BIKE NJ3, INC
Divested subsidiaryFLYNJ4 INC
Divested subsidiaryFLYTORONTO Corp

How FLYE stock reacted

Close before

$2.24

Nov 12, 2026

First close after

-12.50%

$1.96

5 trading days

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Since filing

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Frequently asked questions

What did FLYE file with the SEC on Nov 13, 2026?

FLYE filed a 10-Q (Divestiture). Fly-E Group completed the disposal of numerous wholly-owned subsidiaries through share transfer agreements to third-party buyers for total cash consideration of approximately $2.1 million, with portions of the consideration still outstanding as of June 30, 2026.

What does a divestiture mean for FLYE stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 10-Q?

The quarterly report: unaudited results for the quarter plus management’s comments. Compare revenue, margins and cash flow with the same quarter last year. Check MD&A for guidance changes and what drove the quarter.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 10-Q (quarterly report): The quarterly report: unaudited results for the quarter plus management’s comments.

How did FLYE stock react to this filing?

FLYE closed at $2.24 before the filing and $1.96 on Nov 13, 2026 (-12.50%).

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