Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 51

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 51
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offering will incur immediate dilution of $(0.09) per share in the net tangible book value of the Class A Ordinary Shares they acquire.
For a further description of the dilution that investors in this offering may experience, see “Dilution.” In addition, to
the extent that outstanding stock options or warrants have been or may be exercised or other shares issued, you may experience further
dilution.

There is no established public trading market for the Pre-funded Warrants being offered in this offering, and we do not expect a market to develop for the Pre-funded Warrants.

There is no established public trading market
for the Pre-funded Warrants being offered in this offering, and we do not expect a market to develop. In addition, we do not intend to
apply to list the Pre-funded Warrants on any national securities exchange or other nationally recognized trading system. Without an active
market, the liquidity of the Pre-funded Warrants will be limited. Further, the existence of the Pre-funded Warrants may act to reduce
both the trading volume and the trading price of our Class A Ordinary Shares.

The Pre-funded Warrants are speculative in nature.

Except as otherwise provided in the Pre-funded
Warrants , until holders of Pre-Funded Warrants acquire our Class A Ordinary Shares upon exercise of the Pre-funded Warrants, holders
of Pre-funded Warrants will have no rights with respect to our shares underlying such Pre-funded Warrants. Upon exercise of the Pre-funded
Warrants, the holders will be entitled to exercise the rights of a shareholder only as to matters for which the record date occurs after
the exercise date.

Moreover, following this offering, the market value of the Pre-funded
Warrants is uncertain. There can be no assurance that the market price of our shares will ever equal or exceed the price of the Pre-funded
Warrants, and, consequently, whether it will ever be profitable for investors to exercise their Pre-funded Warrants.

<div align='center'>S-19

Special Note Regarding Forward-Looking Statements</div>

This prospectus contains forward-looking statements.
All statements contained in this prospectus other than statements of historical fact, including statements regarding our future results
of operations and financial position, our business strategy and plans, and our objectives for future operations, are forward-looking statements.
The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,”
“intend,” “expect,” and similar expressions are intended to identify forward-looking