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Erayak Power Solution Group Incorporation Class A ( (RAYA) ) has shared an announcement.
Erayak Power Solution Group Inc. has announced an extraordinary general meeting of shareholders to be held on August 29, 2025, to discuss two key proposals. The first proposal involves a reverse stock split of the company’s Class A and Class B ordinary shares at a ratio between 1-for-120 and 1-for-220, with the final ratio to be determined by the board. The second proposal is to adjourn the meeting if necessary to gather more votes. Shareholders of record as of August 1, 2025, are entitled to vote on these proposals, and the board recommends voting in favor of both.
More about Erayak Power Solution Group Incorporation Class A
Erayak Power Solution Group Inc. operates in the power solutions industry, focusing on providing power solutions and related services. The company is based in Wenzhou, Zhejiang Province, China.
Average Trading Volume: 26,909,748
Technical Sentiment Signal: Sell
Current Market Cap: $5.29M
For a thorough assessment of RAYA stock, go to TipRanks’ Stock Analysis page.