ERAYAK Power Solution to execute reverse stock split

* ERAYAK Power Solution (RAYA [https://seekingalpha.com/symbol/RAYA]) approved a reverse split of its Class A ordinary shares and Class B ordinary shares on a one-for-ten basis.
* The company’s Class A Ordinary Shares will begin trading on the Nasdaq Stock Market LLC on a post-split basis on April 20, 2026, under the symbol “RAYA”.
* The move is intended to increase the market price per share of the company’s Class A ordinary shares to allow the company to maintain its Nasdaq listing.
* After giving effect to the reverse stock split, ERAYAK Power Solution (RAYA [https://seekingalpha.com/symbol/RAYA]) expects to have ~978,474 Class A ordinary shares and 4,091 Class B ordinary shares issued and outstanding.
* RAYA -23% premarket to $0.48
* Source: Press Release [https://seekingalpha.com/pr/20475374-erayak-power-solution-group-inc-announces-1-forminus-10-reverse-stock-split-effective-april]
MORE ON ERAYAK POWER SOLUTION GROUP
* Financial information for Erayak Power Solution Group [https://seekingalpha.com/symbol/RAYA/income-statement]
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