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

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 25
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 price equal
to 125% of the price of our Class A Ordinary Shares offered.

<div align='center'>S-4</div>

On July 31, 2025, the Company entered into a securities
purchase agreement (the “Securities Purchase Agreement”) with certain institutional investors named thereto, pursuant to which
the Company agreed to issue and sell, in a registered direct offering (the “Second Registered Direct Offering”): (i) 32,155,921
shares of Class A Ordinary Shares, at a purchase price of $0.065 per share; and (ii) the Pre-Funded Warrants to purchase up to 75,536,386
Class A Ordinary Shares, at a purchase price of $$0.0.0649 per Pre-Funded Warrant (equal to the purchase price per Class A Ordinary Share,
less the exercise price of $0.0001 per share).

The Second Registered Direct Offering is expected
to close on August 1, 2025. The Company received approximately $7 million in gross proceeds from the Second Registered Direct Offering,
before deducting placement agent fees and estimated offering expenses. The Company intends to use the net proceeds from the Second Registered
Direct Offering for working capital and general corporate purposes. The Pre-Funded Warrants were sold to the Purchasers, whose purchase
of the Shares in the Second Registered Direct Offering would otherwise have resulted in the Purchasers, together with its affiliates and
certain related parties, beneficially owning more than 9.99% of the outstanding share capital of the Company following the consummation
of the Second Registered Direct Offering. Each Pre-Funded Warrant represents the right to purchase one Class A Ordinary Share at an exercise
price of $0.0001 per share. The Pre-Funded Warrants are exercisable immediately and may be exercised at any time until the Pre-Funded
Warrants are exercised in full.

Reverse Stock Split

On September 8, 2025, the Company announced that
it would effect a 220-for-1 reverse stock split of its ordinary shares. The Company anticipates that the reverse stock split will be effective
upon the commencement of trading on the Nasdaq Capital Market on September 30, 2025 (U.S. Eastern Time). All share and per share data
in this prospectus do not give effect to the reverse stock split. Further, the audited consolidated financial statements of the Company
included in the Annual Report on Form 20-F for the