Company: RAYA
Filing Date: 2025-09-29
Form Type: 424B5
Source: 0001185185-25-001296
Chunk: 85

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-09-29
Form: 424B5
Chunk 85
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 been advised by our counsel as to Cayman
Islands law, that although there is no statutory enforcement in the Cayman Islands of judgments obtained in the federal or state courts
of the United States (and the Cayman Islands are not a party to any treaties for the reciprocal enforcement or recognition of such
judgments), the Grand Court of the Cayman Islands will at common law enforce final and conclusive in personam judgments of state
and/or federal courts of the United States of America, or the “Foreign Court”, of a debt or definite sum of money against
the company (other than a sum of money payable in respect of taxes or other charges of a like nature, a fine or other penalty (which may
include a multiple damages judgment in an anti-trust action) or where enforcement would be contrary to public policy). The Grand Court
of the Cayman Islands may also at common law enforce final and conclusive in personam judgments of the Foreign Court that are non-monetary
against the company, for example, declaratory judgments ruling upon the true legal owner of shares in a Cayman Islands company. The Grand
Court of the Cayman Islands will exercise its discretion in the enforcement of non-money judgments by having regard to the circumstances,
such as considering whether the principles of comity apply. To be treated as final and conclusive, any relevant judgment must be regarded
as res judicata by the Foreign Court. A debt claim on a foreign judgment must be brought within six years of the date of the judgment,
and arrears of interest on a judgment debt cannot be recovered after six years from the date on which the interest was due. The courts
of the Cayman Islands are unlikely to enforce a judgment obtained from the Foreign Court under civil liability provisions of U.S. federal
securities law if such a judgment is found by the courts of the Cayman Islands to give rise to obligations to make payments that are penal
or punitive in nature. Such a determination has not yet been made by the Grand Court of the Cayman Islands. A court of the Cayman Islands
may stay enforcement proceedings if concurrent proceedings are being brought elsewhere. A judgment entered in default of appearance by
a defendant who has had notice of the Foreign Court’s intention to proceed may be final and conclusive notwithstanding that the
Foreign Court has power to set aside its own judgment and despite the fact that it may be subject to an appeal the time-limit for which
has not yet expired. The Grand Court of the Cayman Islands may safeguard the defendant