Erayak Power Solution Group Considers Reverse Stock Split to Regain Nasdaq Compliance

Reuters09-09

Erayak Power Solution Group Considers Reverse Stock Split to Regain Nasdaq Compliance

Erayak Power Solution Group Inc., a prominent manufacturer in the power supply industry, is considering a reverse stock split as a potential measure to regain compliance with Nasdaq's listing requirements. This move comes in response to a delisting notice received due to the company's securities trading below the required bid price thresholds. The reverse stock split would reduce the number of outstanding shares, potentially increasing the stock price to meet Nasdaq's standards.

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 PR Newswire (Ref. ID: CN65430) on September 09, 2025, and is solely responsible for the information contained therein.

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