Fly-E Group, Inc. (Nasdaq: FLYE) announced the pricing of its initial public offering of 2,250,000 shares of its common stock at an initial public offering price to the public of $4.00 per share. FLYE has granted the underwriters a 30-day overallotment option to purchase up to an additional 337,500 shares of common stock from FLYE at the initial public offering price, less underwriting discounts and commissions.
FLYE’s shares of common stock have been approved for listing and are expected to begin trading on the Nasdaq Capital Market under the symbol “FLYE” on June 6, 2024.