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The latest announcement is out from Erayak Power Solution Group Incorporation Class A ( (RAYA) ).
Erayak Power Solution Group Inc. faced a delisting threat from Nasdaq due to non-compliance with the minimum bid price rule, as its stock price fell below $1 per share for an extended period. To address this, the company executed a 220-for-1 reverse stock split, which was approved by Nasdaq and took effect on September 30, 2025. This action successfully raised the stock price, allowing the company to regain compliance with Nasdaq’s listing requirements by October 14, 2025, thus averting the delisting and stabilizing its market position.
More about Erayak Power Solution Group Incorporation Class A
Erayak Power Solution Group Inc. operates in the power solutions industry, focusing on providing power generation and energy solutions. The company is based in Wenzhou, Zhejiang Province, China, and is involved in the manufacturing and distribution of power products.
Average Trading Volume: 362,019
Technical Sentiment Signal: Sell
Current Market Cap: $5.81M
Find detailed analytics on RAYA stock on TipRanks’ Stock Analysis page.