Erayak Power Solution Announces Receipt of Nasdaq Delisting Notice Subject to Hearing Request
1. Erayak's stock price closed below $0.10 for ten consecutive days. 2. Nasdaq may delist RAYA from its Global Market due to non-compliance. 3. The company plans to appeal the delisting decision by September 10, 2025. 4. RAYA may consider a reverse stock split to regain compliance with Nasdaq. 5. Continuation of trading depends on the appeal outcome and compliance measures.