Erayak Power Solution (RAYA) announced that on March 25, its board of directors approved a reverse split of its Class A ordinary shares and Class B ordinary shares on a one-for-ten basis. The company’s Class A Ordinary Shares will begin trading on the Nasdaq Stock Market on a post-split basis on April 20 under the symbol “RAYA” under a new CUSIP number – G3109F129.
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