Erayak Power Solution Group Fails Nasdaq Low Priced Stocks Rule
Ticker: RAYA · Form: 6-K · Filed: Oct 15, 2025 · CIK: 1825875
Sentiment: bearish
Topics: delisting-risk, compliance, nasdaq
TL;DR
NASDAQ ALERT: Erayak Power Solution Group's stock price is too low, risking delisting!
AI Summary
Erayak Power Solution Group Inc. (the "Company") received a notification from Nasdaq on September 3, 2025, stating it is not in compliance with the Low Priced Stocks Rule. The Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days, violating Nasdaq Listing Rule 5810(c)(3)(A)(iii).
Why It Matters
Failure to regain compliance with Nasdaq's Low Priced Stocks Rule could lead to delisting, significantly impacting the company's liquidity and investor confidence.
Risk Assessment
Risk Level: high — The company is not in compliance with Nasdaq's Low Priced Stocks Rule, which could lead to delisting.
Key Numbers
- $0.10 — Low Bid Price Threshold (The closing bid price of the Company's securities was at or below this amount for ten consecutive trading days, triggering the non-compliance notice.)
Key Players & Entities
- Erayak Power Solution Group Inc. (company) — The company filing the report.
- Nasdaq (company) — The stock exchange that issued the non-compliance notice.
- September 3, 2025 (date) — Date the company received the non-compliance letter.
- $0.10 (dollar_amount) — The closing bid price threshold that was violated.
FAQ
What specific Nasdaq rule did Erayak Power Solution Group Inc. violate?
Erayak Power Solution Group Inc. violated Nasdaq Listing Rule 5810(c)(3)(A)(iii), also known as the Low Priced Stocks Rule.
When did Erayak Power Solution Group Inc. receive the notification from Nasdaq?
The Company received the notification from Nasdaq on September 3, 2025.
What was the condition that led to the non-compliance notice?
The Company's securities had a closing bid price of $0.10 or less for the last ten consecutive trading days.
What is the consequence of failing to comply with the Low Priced Stocks Rule?
Failure to comply with the Low Priced Stocks Rule could lead to the delisting of the Company's securities from The Nasdaq Stock Market.
What is the filing date of this 6-K report?
This 6-K report was filed as of October 15, 2025.
Filing Stats: 476 words · 2 min read · ~2 pages · Grade level 14.5 · Accepted 2025-10-15 06:31:00
Key Financial Figures
- $0.10 — s securities had a closing bid price of $0.10 or less for the last ten consecutive tr
- $1 — ordinary shares had closed at less than $1 per share over the previous 30 consecut
- $1.00 — o;s Class A ordinary shares has been at $1.00 per share or greater, and therefore the
Filing Documents
- raya6k101525.htm (6-K) — 18KB
- 0001185185-25-001442.txt ( ) — 19KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Erayak Power Solution Group Inc Date: October 15, 2024 By: /s/ Lingyi Kong Name: Lingyi Kong Title: Chief Executive Officer 2