Fly E-Group (FLYE) Prices 2.25M Share IPO at $4/sh

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Fly-E Group Announces Pricing of Initial Public Offering

June 5, 2024 6:00 PM EDT

New York, N.Y., June 05, 2024 (GLOBE NEWSWIRE) -- Fly-E Group, Inc. (Nasdaq: FLYE) (FLYE) today announced the pricing 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 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.

FLYEs shares of common stock have been approved for... More