ERAYAK Power Solution Group Inc. Form 6-K Filing Summary

2026-04-02SEC Filing 6-K (0001185185-26-001227)

ERAYAK Power Solution Group Inc. has entered into a sales agreement with Craft Capital Management LLC for an at-the-market (ATM) offering, potentially raising up to US$20 million in Class A ordinary shares. As of March 31, 2026, the Company has issued 1,247,456 Class A ordinary shares, generating approximately US$0.72 million in gross proceeds. After accounting for sales agent commissions and offering expenses, the net proceeds were approximately US$0.69 million. The Company currently has 4,748,740 Class A ordinary shares issued and outstanding. The net proceeds are intended to fund initiatives supporting the Company's North American strategy, including expanding its product portfolio, localizing manufacturing, enhancing supply chain resilience, ensuring regulatory and safety compliance, building out its go-to-market and service infrastructure, and managing working capital and seasonal inventory. This filing incorporates information into the Company's effective shelf registration statement on Form F-3.

Ticker mentioned:RAYA