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Erayak Power Solution Group Incorporation Class A ( (RAYA) ) has issued an announcement.
On September 8, 2025, Erayak Power Solution Group Inc. announced a 220-for-1 reverse stock split of its ordinary shares, which was approved by both its shareholders and Board of Directors. This corporate action will significantly reduce the number of outstanding shares, with the split expected to take effect on September 30, 2025, when trading will commence on a split-adjusted basis. This move is intended to consolidate shares and potentially enhance the company’s market positioning, with implications for shareholders and market perception.
More about Erayak Power Solution Group Incorporation Class A
Erayak Power Solution Group Inc. operates in the power solutions industry, focusing on providing innovative energy solutions. The company is based in Wenzhou, Zhejiang Province, China, and is listed on the Nasdaq Capital Market under the symbol ‘RAYA’.
Average Trading Volume: 66,552,152
Technical Sentiment Signal: Sell
Current Market Cap: $14M
For an in-depth examination of RAYA stock, go to TipRanks’ Overview page.