180 calendar days from the Annual Report's due date, running to January 11, 2027, was the maximum extension Nasdaq outlined for Fly-E Group, Inc. (Nasdaq: FLYE) to cure a late-filing violation. Fly-E filed the overdue Form 10-K for the fiscal year ended March 31, 2026, on July 23, 2026, the same day it disclosed the Nasdaq delinquency notice in an 8-K. The company says the filing eliminates the need for a formal compliance plan.
How the delinquency arose
Nasdaq's Listing Qualifications Staff issued the non-compliance letter on July 21, 2026. The rule cited, Nasdaq Listing Rule 5250(c)(1), requires every listed company to file all periodic financial reports with the SEC on schedule. Fly-E's annual report for the fiscal year ended March 31, 2026, was the delinquent document. The notice stated no immediate effect on FLYE's continued listing, but failure to regain compliance would expose the stock to delisting.
The compliance path Fly-E bypassed
Without the July 23 filing, the company had until September 21, 2026, to submit a remediation plan to Nasdaq. Nasdaq's acceptance of that plan would have unlocked up to 180 calendar days from the original filing due date, with January 11, 2027 as the stated ceiling. A plan Nasdaq rejected would have redirected the matter to a Nasdaq Hearings Panel.
The July 23 10-K submission, Fly-E says, closes the compliance gap before either step became necessary. The press release did not state the reason for the late filing.
Fly-E's operations
Fly-E Group is a New York-based electric vehicle company, principally engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes, and electric scooters. All products carry the "Fly E-Bike" brand. The delayed annual report covered fiscal year ended March 31, 2026. Investor inquiries go to [email protected], with Seaquant Consulting handling additional outreach at [email protected].