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 March 2026
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 ☐
Entry into a Material Definitive Agreement.
On March 16, 2026, ERAYAK Power Solution Group Inc.
(the “Company”), an exempted company incorporated in the Cayman Islands, entered into an at-the-market sales agreement (the
“Sales Agreement”) with Craft Capital Management LLC (the “Agent”), as sales agent, pursuant to which the Company
may offer and sell, from time to time through the Agent, class A ordinary shares of par value of US$0.022 each of the Company (the “Shares”).
The offer and sale of the Shares, if any, will be made pursuant to the Company’s shelf registration statement on Form F-3 (File
No. 333-278347), which was filed with the United States Securities and Exchange Commission (the “Commission”) on March 28,
2024 and declared effective by the Commission on May 16, 2024 (the “Registration Statement”), as supplemented by the prospectus
supplement dated March 16, 2026 relating to the Shares that may be issued from time to time pursuant to the Sales Agreement (the “Prospectus
Supplement”). Pursuant to the Prospectus Supplement, the Company may offer and sell Shares having aggregate gross sales proceeds
of up to $20,000,000.
Under the Sales Agreement, subject to the terms
of a placement notice as defined in the Sales Agreement, the Agent may sell the Shares by any method permitted by law deemed to be an
“at-the-market offering” as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended (the “Securities
Act”), including, without limitation, sales made directly on The Nasdaq Capital Market, on any other existing trading market for
the Shares, or to or through a market maker.
The Company is not obligated to make any sales
of Shares under the Sales Agreement and no assurance can be given that it will sell any Shares under the Sales Agreement, or, if it does,
as to the price or number of Shares that it will sell, or the dates on which any such sales will take place. The aggregate compensation
payable to the Agent as sales agent is equal to 4.0% of the aggregate gross proceeds from each sale of Shares (the “Placement Share”)
pursuant to the Sales Agreement.
The Sales Agreement may be terminated by either
party as set forth in the Sales Agreement. In addition, the Company has agreed in the Sales Agreement to provide indemnification and contribution
to the Agent against certain liabilities, including liabilities under the Securities Act. The Company will also reimburse the Agent for
certain specified expenses in connection with its services under the Agreement.
The foregoing is not a complete description of
the Sales Agreement and is qualified by reference to the full text and terms of the Sales Agreement, which is filed as Exhibit 10.1 to
this current report and incorporated herein by reference.
The Company plans to use the net proceeds from
this offering to advance a focused set of initiatives tied to its North American strategy, including (1) expanding the product portfolio
for North America; (2) localizing manufacturing and supply resilience; (3) regulatory and safety compliance; (4) go-to-market and service
infrastructure; and (5) working capital and seasonal inventory positioning. However, as of the date of this report, the Company has not
entered into any definitive agreements.
This Current Report on Form 6-K shall not constitute
an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any sale of such securities
in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.
General
The information contained in this Report on Form
6-K of the Company is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No. 333-278347).
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: March 18, 2026 |
By: |
/s/ Lingyi Kong |
| |
Name: |
Lingyi Kong |
| |
Title: |
Chief Executive Officer |
Exhibit Index
| Exhibit No. |
|
Description |
| 5.1 |
|
Opinion of Harney Westwood & Riegels |
| 10.1 |
|
Sales Agreement, dated March 16, 2026, by and between ERAYAK Power Solution Group Inc. and Craft Capital Management LLC |
| 23.1 |
|
Consent of Harney Westwood & Riegels (included in Exhibit 5.1) |
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