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The latest update is out from Erayak Power Solution Group Incorporation Class A ( (RAYA) ).
On September 9, 2025, Erayak Power Solution Group Inc. announced it received a delisting notice from Nasdaq due to non-compliance with the Low Priced Stocks Rule, as their securities had a closing bid price of $0.10 or less for ten consecutive trading days. The company intends to appeal the delisting determination before September 10, 2025, to stay the suspension of its securities and is considering options like a reverse stock split to regain compliance.
More about Erayak Power Solution Group Incorporation Class A
Erayak Power Solution Group Inc. is a leading manufacturer, designer, and exporter in the power supply industry, specializing in products such as sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Their products are primarily used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products.
Average Trading Volume: 52,475,525
Technical Sentiment Signal: Sell
Current Market Cap: $7.81M
Find detailed analytics on RAYA stock on TipRanks’ Stock Analysis page.