Fly-E Group Relocates HQ, Hints at Officer Changes
Ticker: FLYE · Form: 8-K · Filed: Aug 21, 2024 · CIK: 1975940
Sentiment: neutral
Topics: corporate-governance, executive-changes, filing-update
TL;DR
Fly-E Group moved its HQ to Flushing, NY; watch for officer/director news.
AI Summary
Fly-E Group, Inc. announced on August 15, 2024, a change in its principal executive offices to 136-40 39th Avenue, Flushing, New York. This filing also indicates potential changes related to directors, officers, and compensatory arrangements, though specific details are not provided in this excerpt.
Why It Matters
A change in principal executive offices can signal operational shifts or strategic realignments for the company. Potential changes in officer compensation or board composition warrant investor attention.
Risk Assessment
Risk Level: medium — The filing mentions potential changes in directors and officers, which can introduce uncertainty and impact company strategy.
Key Players & Entities
- Fly-E Group, Inc. (company) — Registrant
- 136-40 39th Avenue, Flushing, New York (location) — New Principal Executive Offices
- August 15, 2024 (date) — Date of earliest event reported
FAQ
What is the new address for Fly-E Group's principal executive offices?
The new address is 136-40 39th Avenue, Flushing, New York, 11354.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on August 15, 2024.
What are the main items of disclosure in this 8-K filing?
The filing pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
What is Fly-E Group's state of incorporation?
Fly-E Group, Inc. is incorporated in Delaware.
What is Fly-E Group's IRS Employer Identification Number?
The IRS Employer Identification Number for Fly-E Group, Inc. is 92-0981080.
Filing Stats: 880 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2024-08-21 16:15:30
Key Financial Figures
- $0.01 — nge on which registered Common stock, $0.01 par value per share FLYE The Nasdaq
- $30,000 — ng is entitled to an annual cash fee of $30,000 pursuant to the independent director ag
Filing Documents
- ea0212011-8k_flyegroup.htm (8-K) — 31KB
- ea021201101ex10-1_flyegroup.htm (EX-10.1) — 18KB
- 0001213900-24-071465.txt ( ) — 226KB
- flye-20240815.xsd (EX-101.SCH) — 3KB
- flye-20240815_lab.xml (EX-101.LAB) — 33KB
- flye-20240815_pre.xml (EX-101.PRE) — 22KB
- ea0212011-8k_flyegroup_htm.xml (XML) — 4KB
02 Departure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Alan Jacobs as Director On August 15, 2024, Mr. Alan Jacobs, a member of the Board of Directors (the "Board") of Fly-E Group, Inc. (the "Company") and a member of the Company's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, notified the Company of his resignation from the Company's Board effective August 15, 2024. Mr. Jacobs' resignation was not a result of any disagreement with the Company on any matter relating to its accounting, operations, policies or practices. Appointment of Zanfeng Zhang as Director Effective August 21, 2024, the Board appointed Mr. Zanfeng Zhang, to serve as a member of the Board to fill the vacancy created by the resignation of Mr. Jacobs. Mr. Zhang will also serve as a member of the Company's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. Mr. Zhang, 51, has over 25 years of experience in finance and investment management. Since November 2017, he has served as Managing Director at IDG Capital, an investment and asset management company, where he oversees post-investment management and risk control. From August 2014 to July 2017, Mr. Zhang co-founded and served as the Chief Financial Officer of Beijing Jiufang Rugao Information Technology Co., Ltd., an internet startup providing community-based online-to-offline (O2O) life services and a fresh produce B2C (business-to-consumer) platform, where he oversaw financing activities. Prior to that, he co-founded and served as Chief Operating Officer of Beijing Panteng Technology Co., Ltd., a smart hardware startup, from September 2013 to August 2014, where he secured early-stage funding and led its market expansion. Earlier in his career, Mr. Zhang held senior financial roles at Ruijing Hengtong (Beijing) Investment Consulting Co., Ltd.
01 Financial
Item 9.01 Financial (d) Exhibits Exhibit Number Exhibit Description 10.1 Independent Director's Agreement dated August 21, 2024. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FLY-E GROUP, INC. Date: August 21, 2024 By: /s/ Zhou Ou Name: Zhou Ou Title: Chief Executive Officer 2