Company: RAYA
Filing Date: 2025-07-28
Form Type: 424B5
Source: 0001213900-25-067907
Chunk: 15

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-07-28
Form: 424B5
Chunk 15
---
     | $           | 0.09212 |     |          | 0.09212 |     | $                                                          | 2,820,000 |

| (1) | We have agreed to pay the Placement Agent a cash fee equal to 6% of the aggregate gross proceeds raised                                  
 in this offering. In addition, we have agreed to reimburse the Placement Agents for certain offering-related expenses and to issue to    
 the Placement Agent warrants to purchase up to a number of Ordinary Shares equal to 6% of the aggregate number of shares of Shares being 
 offered at an exercise price equal to 125% of the public offering price of the Shares. We refer you to “Plan of Distribution”            
 beginning on page S-40 for additional information regarding compensation to be received by the Placement Agent.                          |

| (2) | Because there is no minimum number of securities or amount of proceeds required as a condition to closing                               
 in this offering, the actual public offering amount, placement agent fees, and proceeds to us, if any, are not presently determinable   
 and may be substantially less than the total maximum offering amounts set forth above. For more information, see “Plan of Distribution” 
 beginning on page S-40 of this prospectus supplement                                                                                    |

We expect that delivery of the Class A Ordinary
Shares and the Pre-funded Warrants being offered pursuant to this prospectus supplement and the accompanying prospectus will be made on
or about July 28, 2025, subject to customary closing conditions.

<div align='center'>Placement Agent

CRAFT CAPITAL MANAGEMENT LLC

The date of this prospectus supplement is July 25, 2025.

TABLE OF CONTENTS

Prospectus Supplement</div>

|                                                     |     | Page  |
| ABOUT THIS PROSPECTUS SUPPLEMENT                    |     | S-ii  |
| SPECIAL NOTICE REGARDING FORWARD-LOOKING STATEMENTS |     | S-iii |
| PROSPECTUS SUPPLEMENT SUMMARY                       |     | S-1   |
| RISK FACTORS                                        |     | S-18  |
| CAPITALIZATION                                      |     | S-21  |
| DILUTION                                            |     | S-22  |
| USE OF PROCEEDS                                     |     | S-23  |
| PLAN OF DISTRIBUTION                                |     | S-40  |
| LEGAL MATTERS                                       |     | S-42  |
| EXPERTS                                             |     | S-42  |
| ENFORCEABILITY OF CIV