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Erayak Power Solution Group Inc. (RAYA) is a Nasdaq-listed innovator in power solutions for mobile and outdoor applications. This dedicated news hub provides investors and industry professionals with essential updates on the company's strategic initiatives, product developments, and market positioning.
Access authoritative reports on RAYA's generator innovations, international expansion plans, and regulatory compliance status. Our curated collection features verified updates including new product launches, strategic partnership developments, and key financial announcements. Track progress on Middle Eastern market entry initiatives and ongoing Nasdaq listing requirements.
All content is sourced from official channels to ensure accuracy, with direct links to Erayak's product specifications and regulatory filings. The resource serves as a reliable reference for understanding the company's position in the power solutions sector across key markets in Asia, Europe, and beyond.
Bookmark this page for streamlined access to Erayak's latest generator technology advancements, charger system updates, and corporate strategy implementations. Check regularly for new developments affecting the company's role in powering agricultural vehicles, outdoor equipment, and industrial applications worldwide.
Erayak Power Solution Group (NASDAQ: RAYA), a power supply industry manufacturer, has successfully closed its previously announced registered direct offering, raising approximately $7 million in gross proceeds. The offering involved the sale of 107,692,307 Class A ordinary shares at $0.065 per share.
The transaction included pre-funded warrants with a purchase price of $0.065 less the $0.0001 exercise price per share. Craft Capital Management LLC served as the sole placement agent, with legal representation from Ortoli Rosenstadt LLP for Erayak and Sichenzia Ross Ference Carmel LLP for Craft Capital.
Erayak Power Solution Group (NASDAQ: RAYA) has announced a $7 million registered direct offering through the sale of 107,692,307 Class A ordinary shares at $0.065 per share.
The offering includes pre-funded warrants with an exercise price of $0.0001 per share. The transaction, managed by Craft Capital Management as the sole placement agent, is expected to close around August 1, 2025. The offering is being conducted under a previously filed and effective shelf registration statement on Form F-3.
Erayak Power Solution Group (NASDAQ: RAYA), a power supply industry manufacturer, has successfully closed its previously announced registered direct offering. The company sold 30,612,246 Class A ordinary shares (or equivalents) at $0.098 per share, raising approximately $3 million in gross proceeds before deducting fees and expenses.
The offering included pre-funded warrants priced at $0.098 less an exercise price of $0.0001 per share. Craft Capital Management LLC served as the sole placement agent, with legal representation from respective law firms. The offering was conducted under an effective shelf registration statement on Form F-3.
Erayak Power Solution Group (NASDAQ: RAYA), a power supply industry manufacturer, has announced a $3 million registered direct offering of 30,612,246 Class A ordinary shares at $0.098 per share. The offering includes pre-funded warrants with an exercise price of $0.0001 per share.
The transaction, expected to close around July 28, 2025, is being conducted through Craft Capital Management as the sole placement agent. The offering is made under a shelf registration statement previously filed with the SEC and declared effective on May 16, 2024.