Erayak Power Solution plans 1-for-10 reverse stock split effective April 20
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Erayak Power Solution plans 1-for-10 reverse stock split effective April 20
  • Erayak Power Solution Group will execute a 1-for-10 reverse stock split of Class A ordinary shares and Class B ordinary shares effective April 20, 2026.
  • Class A shares will begin trading on Nasdaq on a post-split basis April 20 under symbol RAYA.
  • Reverse split will raise par value to USD 0.22 per share from USD 0.022.
  • Issued share count is expected to be about 978,474 Class A shares plus 4,091 Class B shares.
  • Action aims to lift share price to support continued Nasdaq listing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Erayak Power Solution Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604160600PRIMZONEFULLFEED9690886) on April 16, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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