Erayak Power Solution Announces Receipt of Nasdaq Delisting Notice Subject to Hearing Request [Yahoo! Finance]
Erayak Power Solution Group Inc. - Class A Ordinary Shares (RAYA)
Company Research
Source: Yahoo! Finance
high-quality products in the power supply industry, today announced it received a letter from The Nasdaq Stock Market LLC ("Nasdaq") on September 3, 2025, notifying that the Company is not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the "Low Priced Stocks Rule"), as the Company's securities had a closing bid price of or less for the last ten consecutive trading days. The letter indicated that, as a result, the Nasdaq staff determined to delist the Company's securities from The Nasdaq Global Market (the "Delisting Determination"). The letter also indicated that the bid price of the Company's Class A ordinary shares had closed at less than per share over the previous 30 consecutive business days, and as a result, the Company is not in compliance with Listing Rule 5450(a)(1) (the "Rule"). Normally, a company is provided 180 calendar days to regain compliance with the Rule in accordance with Listing Rule 5810(c)(3)(A). However, the Nasdaq determined that the Company's sec
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News
- Erayak Power Solution Group Inc. Establishes U.S. Subsidiary to Advance Global Expansion and Reinforce Long-Term Growth StrategyPR Newswire
- Erayak Power Solution Group (NASDAQ:RAYA) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=RAYA&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">WaMarketBeat
- Erayak Power Solution Group (NASDAQ:RAYA) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Erayak Power Solution Announces Receipt of Nasdaq Delisting Notice Subject to Hearing RequestPR Newswire
RAYA
Sec Filings
- 12/2/25 - Form 6-K
- 11/20/25 - Form 6-K
- 10/20/25 - Form 6-K
- RAYA's page on the SEC website