Company: RAYA
Filing Date: 2025-08-01
Form Type: 424B5
Source: 0001213900-25-070321
Chunk: 82

Company: Erayak Power Solution Group Inc.
Filing Date: 2025-08-01
Form: 424B5
Chunk 82
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 of this offering.

Lock Up Agreement

The officers and directors of the Company have
entered into lock-up agreements, pursuant to which, each has agreed, subject to customary exceptions, for a period of six (6) months after
the final closing of this offering, not to offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any
option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly,
any shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock
of the Company, subject to customary exceptions.

Relationships

The Placement Agent and its affiliates may provide
from time to time in the future certain commercial banking, financial advisory, investment banking and other services for us in the ordinary
course of their business, for which they may receive customary fees and commissions. In addition, from time to time, the Placement Agent
and its affiliates may effect transactions for their own account or the account of customers, and hold on behalf of themselves or their
customers, long or short positions in our debt or equity securities or loans, and may do so in the future. However, except as disclosed
in this prospectus supplement, we have no present arrangements with the Placement Agent for any further services.

Listing

Our Class A Ordinary Shares is listed on the Nasdaq
Capital Market under the symbol “RAYA.”

We expect that delivery of the Class A Ordinary Shares being offered
pursuant to this prospectus supplement and the accompanying prospectus will be made on or about August 1, 2025, subject to customary closing
conditions.

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LEGAL MATTERS</div>

We are being represented by Ortoli Rosenstadt
LLP with respect to certain legal matters as to United States federal securities and New York State law. The legality and validity of
the securities offered from time to time under this prospectus under the laws of the Cayman Islands was passed upon by Harney Westwood&
Riegels. Ortoli Rosenstadt LLP may rely uponHarney Westwood & Riegels with respect to matters governed by Cayman Islands law. Sichenzia Ross Ference Carmel LLP, New York, New York, is acting as counsel for the Placement Agent.

If legal matters in connection with offerings made pursuant to this prospectus are passed upon by counsel to underwriters, dealers, or agents, such