Raytech Holding Limited Stock Price, News & Analysis

Raytech Holding (NASDAQ: RAY) received a Nasdaq notice on October 14, 2025 that its 30-day closing bid has fallen below the $1 minimum bid requirement under Nasdaq Rule 5550(a)(2). The notice does not affect current listing or trading and provides an initial 180-calendar-day compliance period ending April 13, 2026 to regain the minimum bid threshold.

If the company meets market-value and other initial listing standards (except bid price), it may request an additional 180-day extension while pursuing a cure, including a possible reverse stock split. The company is evaluating options and intends to seek timely compliance but disclosed there is no assurance it will succeed.

Raytech Holding Limited (NASDAQ: RAY) reported strong financial results for fiscal year 2025, with revenue increasing 17.6% to HK$78.7 million (US$10.1 million). The company maintained profitability with net income of HK$8.3 million (US$1.1 million) and a net margin of 10.5%.

The growth was primarily driven by the company's trimmer series, which saw a 48% revenue increase, and hair styling series with an 18.2% increase. Raytech significantly strengthened its balance sheet, with cash and cash equivalents rising 136.5% to HK$84.9 million (US$10.9 million). The company's net current assets improved to HK$76.9 million from HK$25.8 million in the previous year.

Raytech Holding Limited (NASDAQ: RAY), a Hong Kong-based company focused on personal care electrical appliances, has successfully closed its public offering of 25,985,000 ordinary shares at $0.20 per share.

The offering, which closed on July 1, 2025, generated gross proceeds of approximately $5.197 million before deducting placement agent fees and other expenses. R.F. Lafferty & Co., Inc. served as the sole placement agent for the offering, with legal counsel provided by Loeb & Loeb LLP and Zarif Law Group P.C.

The offering was conducted pursuant to an SEC-effective registration statement on Form F-1, with the final prospectus available through R.F. Lafferty & Co., Inc.

Raytech Holding Limited (NASDAQ: RAY), a Hong Kong-based company specializing in personal care electrical appliances, has announced the pricing of its public offering of 25,985,000 ordinary shares at $0.20 per share.

The offering is expected to generate gross proceeds of approximately $5.197 million before deducting placement agent fees and other expenses. The closing is anticipated on July 1, 2025, subject to customary conditions. R.F. Lafferty & Co., Inc. is serving as the sole placement agent, with Loeb & Loeb LLP and Zarif Law Group P.C. providing legal counsel.

The offering is being conducted through a registration statement on Form F-1 that was declared effective by the SEC on June 30, 2025.

Raytech Holding (RAY) reported financial results for the six months ended September 30, 2024, showing mixed performance. Revenue increased by 31.0% to HKD 43.2 million (US$ 5.6 million), primarily driven by strong sales in the trimmer series within personal care products. However, operating expenses rose significantly, with merchandise costs up 40.3% to HKD 34.1 million and selling, general, and administrative expenses increasing to HKD 5.2 million.

The company's income from operations decreased by 43.7% to HKD 3.9 million, while net income fell by 27.5% to HKD 4.7 million. Gross profit margin declined by 5.2% to 21.2%. The trimmer series became the largest revenue contributor at HKD 20.9 million, while hair styling series generated HKD 19.1 million. The increase in expenses was largely attributed to higher salaries, transport costs, and IPO-related legal fees.

Raytech Holding (RAY) held its 2024 Annual Meeting of Shareholders on October 23, 2024, in Hong Kong. During the meeting, shareholders approved three key items: the re-election of all five current directors, the appointment of WWC, P.C. as the company's independent registered public accounting firm for fiscal year ending March 31, 2025, and the approval of the Raytech Holding 2024 Equity Incentive Plan.

Raytech Holding (RAY) reported strong financial results for the fiscal year ended March 31, 2024. The company's revenue increased by 47.1% to HKD67.0 million (US$8.6 million), driven by significant growth in hair styling and trimmer product sales, as well as new tooling revenue. Income from operations grew by 57.9% to HKD11.4 million (US$1.5 million), while net income also expanded by 57.9% to HKD9.9 million (US$1.3 million).

The company effectively managed expenses, with a slight decrease in staff costs and reductions in depreciation and selling and marketing costs. Earnings per share increased to HKD0.62, up from HKD0.39 in the previous year. RAY recently completed its IPO, raising total gross proceeds of US$6,452,332.

Raytech Holding (RAY), based in Hong Kong and specializing in personal care electrical appliances, closed the sale of an additional 113,083 ordinary shares as part of the underwriters’ over-allotment option in connection with its IPO. The shares were sold at $4 per share, less underwriting discounts, raising an additional $452,332. This brings the total gross proceeds from the IPO to approximately $6,452,332 before underwriting discounts and offering expenses. Key underwriters include Revere Securities, R.F. Lafferty & Co., and Dominari Securities The IPO prospectus is available through Revere Securities or the SEC website.

Raytech Holding (RAY), a Hong Kong-based personal care electrical appliances company, pre-announced its financial results for the fiscal year ending March 31, 2024. The company reported total sales of approximately HKD67.0 million, a 47.1% increase from last year's HKD45.5 million. This growth was driven by a significant rise in sales of major products and tooling programs. Personal care appliances generated HKD60.0 million in revenue, up 41.5% year-over-year, while tooling sales grew by 123.4% to HKD7.0 million. RAY also expects to report an operating income of HKD11.3 million, a 57.9% increase, and a net income of HKD9.9 million, up from HKD6.3 million in 2023. CEO CHING Tim Hoi highlighted the company's commitment to innovation, strategic market expansion, and cost optimization to drive profitability.