Erayak Power (NASDAQ: RAYA) sells 8M Class B shares at $0.055 each

Rhea-AI Filing Summary

Erayak Power Solution Group Inc. reported that it completed a share subscription with Erayak International Limited, which purchased 8,000,000 Class B ordinary shares at $0.055 per share, matching the closing price on August 18, 2025. The shares were issued directly by the company.

After this transaction, Erayak International Limited controls 9,000,000 Class B ordinary shares, representing approximately 46.4% of the company’s total issued and outstanding ordinary shares. The filing notes that Erayak International Limited holds no additional shares beyond this amount, highlighting a significant concentration of ownership.

Positive

• None.

Negative

• Significant dilution and control concentration: The company issued 8,000,000 new Class B shares at $0.055, leaving Erayak International Limited with 9,000,000 shares representing about 46.4% of total outstanding ordinary shares, which concentrates ownership and likely dilutes other shareholders.

Insights

Corporate finance analyst

Large new share issue creates a near‑controlling 46.4% stake.

Erayak Power Solution Group Inc. completed a share subscription in which Erayak International Limited bought 8,000,000 Class B ordinary shares at $0.055 per share, described as the closing price on August 18, 2025. Because these shares were purchased from the company, this is a primary issuance rather than a secondary sale.

Following the subscription, Erayak International Limited holds 9,000,000 Class B shares, equal to about 46.4% of the total issued and outstanding ordinary shares. That level of ownership typically gives substantial influence over shareholder decisions. Existing shareholders likely experienced meaningful dilution from the new shares, although the prior share count is not detailed in the excerpt.

The transaction sets a reference price of $0.055 per share for this block and formalizes a highly concentrated ownership structure. Future company disclosures may clarify any governance arrangements or rights tied to the Class B shares and how this large stake interacts with voting control.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2024

Commission File Number: 001-41568

Erayak Power Solution Group Inc.

No. 528, 4th Avenue

Binhai Industrial Park

Wenzhou, Zhejiang Province

People’s Republic of China 325025

+86-577-86829999

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐ 

On August 19, 2025, Erayak Power Solution Group Inc (the “Company”), a Cayman Islands exempted company, consummated a share subscription (the “Share Subscription”) with Erayak International Limited, a British Virgin Islands company. Under the terms of the Share Subscription, the Erayak International Limited purchased 8,000,000 Class B ordinary shares from the Company at a consideration of $0.055 per share, which is the closing pricing on August 18, 2025. A copy of the Share Subscription letter is attached hereto as Exhibit 10.1.

Erayak International Limited now controls 9,000,000 Class B ordinary shares of the Company, representing approximately 46.4% of the total issued and outstanding ordinary shares. Erayak International Limited holds no additional shares of the Company. 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Erayak Power Solution Group Inc
Date: August 22, 2025	By:	/s/ Lingyi Kong
	Name:	Lingyi Kong
	Title:	Chief Executive Officer

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Exhibit Index

Exhibit No.		Description
10.1		Share Subscription Letter, dated August 22, 2025

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FAQ

What did Erayak Power Solution Group Inc. (RAYA) announce in this 6-K?

Erayak Power Solution Group Inc. reported that it completed a share subscription under which Erayak International Limited purchased 8,000,000 Class B ordinary shares directly from the company.

At what price were the new Erayak Power (RAYA) shares sold?

The 8,000,000 Class B ordinary shares were sold at a consideration of $0.055 per share, which the company states was the closing price on August 18, 2025.

How much of Erayak Power’s equity does Erayak International Limited now own?

After the share subscription, Erayak International Limited controls 9,000,000 Class B ordinary shares, representing approximately 46.4% of Erayak Power’s total issued and outstanding ordinary shares.

Did Erayak International Limited hold other Erayak Power shares before this transaction?

The filing states that Erayak International Limited now controls 9,000,000 Class B ordinary shares and holds no additional shares of the company beyond this amount.

What type of transaction is described in Erayak Power’s 6-K?

The document describes a share subscription, meaning Erayak International Limited bought newly issued Class B ordinary shares directly from Erayak Power Solution Group Inc., rather than from another shareholder.

Is there an exhibit related to the Erayak Power (RAYA) share subscription?

Yes. The filing lists Exhibit 10.1 as a Share Subscription Letter dated August 22, 2025, which contains the detailed terms of the transaction.