Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 51

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 51
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will depend, in part, on the research and reports that securities or industry analysts publish about us or our business. We do not have
any control over independent analysts (provided that we have engaged various non-independent analysts). We do not currently have and
may never obtain research coverage by independent securities and industry analysts. If no independent securities or industry analysts
commence coverage of us, the trading price for our ordinary shares would be negatively impacted. If we obtain independent securities
or industry analyst coverage and if one or more of the analysts who covers us downgrades our ordinary shares, changes their opinion of our shares or publishes inaccurate or unfavorable research about our business, the price of our Class A Ordinary Shares would likely decline. If one or more of these analysts ceases coverage of us or fails to publish reports on us regularly, demand for our Class A Ordinary Shares could decrease and we could lose visibility in the financial markets, which could cause the price and trading volume of our Class A Ordinary Shares to decline.

A possible “short squeeze” due to a sudden increase in demand of our Class A Ordinary Shares that largely exceeds supply may lead to additional price volatility.

Investors may purchase Class A Ordinary Shares to hedge existing exposure or to speculate on the price of our Class A Ordinary Shares. Speculation on the price of our Class A Ordinary Shares may involve long and short exposures. To the extent an aggregate short exposure in our Class A Ordinary Shares becomes significant, investors with short exposure may have to pay a premium to purchase shares for delivery to share lenders at times if and when the price of our Class A Ordinary Shares increases significantly, particularly over a short period of time. Those purchases may in turn, dramatically increase the price of our Class A Ordinary Shares. This is often referred to as a “short squeeze.” A short squeeze could lead to volatile price movements in our shares that are not directly correlated to our business prospects, financial performance or other traditional measures of value for the Company or its Class A Ordinary Shares.

If you purchase securities in this offering, you may incur immediate and substantial dilution in the book value of your shares.

After giving effect to the sale of 163,934,426 Class A Ordinary Shares in this offering, at a public offering price of $0.061 per Share, and after deducting the estimated sales agent discounts and commissions and estimated offering expenses payable by us, purchasers of our shares in this offering will incur immediate dilution of $(0.08) per share in the net tangible book value of the Class A Ordinary Shares they acquire