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Erayak Power Solution Group Incorporation Class A ( (RAYA) ) just unveiled an update.
On September 8, 2025, Erayak Power Solution Group Inc. held an extraordinary general shareholders meeting in Wenzhou, China, where shareholders approved several significant proposals. These included a reverse stock split at a ratio between 1-for-120 and 1-for-220, to be determined by the board, and the adoption of the third amended and restated memorandum and articles of association. The meeting saw participation from holders representing approximately 53.99% of the voting power, and all proposals were passed, potentially impacting the company’s capital structure and governance framework.
More about Erayak Power Solution Group Incorporation Class A
Average Trading Volume: 51,456,656
Technical Sentiment Signal: Sell
Current Market Cap: $7.81M
For an in-depth examination of RAYA stock, go to TipRanks’ Overview page.