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Erayak Power Solution Faces Delisting from Nasdaq

Overview

On September 3, 2025, Erayak Power Solution Group Inc. (Nasdaq: RAYA) received an alarming notice from The Nasdaq Stock Market, indicating its non-compliance with certain listing rules. The notification was a result of the company's Class A ordinary shares closing at a bid price of $0.10 or less for the last ten consecutive trading days, a violation of the Low Priced Stocks Rule set forth by Nasdaq.

Details of the Notice

The letter disclosed that Erayak's shares had not only fallen below the $1 mark for more than 30 consecutive business days but also triggered other compliance mechanisms under Listing Rule 5810(c)(3)(A). As a direct consequence, Nasdaq staff decided to move forward with delisting the company's securities from The Nasdaq Global Market, a significant blow to the firm.

In typical scenarios, a company usually has 180 calendar days to rectify this non-compliance issue. However, due to the persistent low bid prices, Erayak’s circumstances warranted different action, leading to the delisting determination.

Erayak faces an imminent deadline: it must submit a hearing request to appeal the decision by September 10, 2025. If the company fails to act, trading of its securities would be suspended starting September 12 and a Form 25-NSE would be filed with the SEC, effectively removing the securities from the stock market.

Company’s Response

In light of this unsettling development, Erayak has expressed its intention to appeal the delisting determination by the specified deadline. The company’s action will pause the suspension of its stock and prevent the filing of the Form 25-NSE until the panel's decision is rendered.

Erayak is also exploring other avenues to regain its compliance with Nasdaq's regulations, including a potential reverse stock split. Such a move could boost the company's share price, aligning it with the minimum requirement stipulated by Nasdaq.

About Erayak Power Solution Group Inc.

Founded as a powerhouse in the field of energy solutions, Erayak specializes in the design, manufacturing, and distribution of high-quality power supply products. Its product line encompasses sine wave and off-grid inverters, generator systems, and advanced chargers, serving various sectors including agriculture, automotive, and recreational usage.

Erayak aims to establish itself as the leading brand for power solutions, focusing on providing innovative and reliable solutions for both mobile life and outdoor living experiences. As customers increasingly rely on technology for various applications, Erayak’s offerings are vital in enhancing efficiency and ensuring access to reliable energy.

Looking Ahead

The situation poses a substantial risk to Erayak's corporate structure and investor confidence. Adhering to strategic measures and successfully appealing this delisting decision will be crucial for the company's continued operation on the public market. The upcoming days will be critical for Erayak as it seeks to navigate through these financial hurdles and return to a favorable position in the stock market.

For investors, stakeholders, and industry observers, the next steps from Erayak will be closely monitored as they could herald significant changes in the company’s operational trajectory. As the energy market continues to evolve, maintaining compliance with financial governance will be essential for Erayak Power Solution Group Inc. to thrive and meet its long-term strategic goals.

Future Communications

For further inquiries or updates, you can reach out to the company's official communication channels or visit their website for the latest information and corporate announcements.