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Erayak Power Solution Group Inc. Completes Significant Share Subscription with Erayak International Limited

Story Highlights
  • Erayak Power Solution Group Inc. completed a share subscription with Erayak International Limited on August 19, 2025.
  • Erayak International Limited now controls 46.4% of Erayak’s total issued and outstanding ordinary shares.
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Erayak Power Solution Group Inc. Completes Significant Share Subscription with Erayak International Limited

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The latest announcement is out from Erayak Power Solution Group Incorporation Class A ( (RAYA) ).

On August 19, 2025, Erayak Power Solution Group Inc., a Cayman Islands exempted company, completed a share subscription with Erayak International Limited, a British Virgin Islands company. Erayak International Limited purchased 8,000,000 Class B ordinary shares at $0.055 per share, increasing its control to 9,000,000 Class B shares, which is approximately 46.4% of the total issued and outstanding ordinary shares. This transaction signifies a substantial stake in Erayak Power Solution Group Inc., potentially impacting its strategic decisions and shareholder dynamics.

More about Erayak Power Solution Group Incorporation Class A

Average Trading Volume: 37,520,389

Technical Sentiment Signal: Sell

Current Market Cap: $10.1M

See more data about RAYA stock on TipRanks’ Stock Analysis page.

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