---
title: "Erayak Power Solution (RAYA) Stock Surges 49% After Hours: Here's What Is Happening"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282292340.md"
description: "Erayak Power Solution Group Inc. (NASDAQ:RAYA) shares surged 48.80% to $0.68 in after-hours trading following a $400,000 private placement disclosed in an SEC filing. The company issued up to 5 million Class A ordinary shares at $0.08 per share to non-U.S. investors. Despite this surge, the stock has dropped 99.83% over the past year and is close to its 52-week low, indicating ongoing pressure and elevated risk for investors."
datetime: "2026-04-10T03:51:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282292340.md)
  - [en](https://longbridge.com/en/news/282292340.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282292340.md)
---

# Erayak Power Solution (RAYA) Stock Surges 49% After Hours: Here's What Is Happening

**Erayak Power Solution Group Inc.** (NASDAQ:RAYA) shares surged 48.80% to $0.68 in after-hours trading on Thursday after the China-based power solutions firm disclosed a $400,000 private placement in a **Securities and Exchange Commission** filing.

According to the SEC filing filed on Thursday, Erayak entered into a Securities Purchase Agreement on Tuesday, issuing up to 5 million Class A ordinary shares at $0.08 per share to non-U.S. investors. The Class A ordinary shares carry a par value of $0.022 per share.

The offering closed the same day under Regulation S of the Securities Act of 1933, which exempts it from standard registration requirements.

## Trading Metrics, Technical Analysis

Erayak Power has a market capitalization of $2.19 million and a 52-week trading range of $0.31 to $736.99.

The stock has a Relative Strength Index (RSI) of 33.85.

Over the past 12 months, the small-cap stock has dropped 99.83%.

Currently, RAYA is positioned very close to its 52-week low.

The stock's steep decline and its weak positioning underscore ongoing pressure, pointing to elevated risk and the need for clear signs of recovery before investor confidence returns.

**Price Action:** RAYA closed Thursday's regular session up 8.91% at $0.46, according to Benzinga Pro data.

**Benzinga's Edge Stock Rankings** indicate RAYA stock has a negative price trend across all time frames.

_Photo Courtesy: Love You Stock on Shutterstock.com_

**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

### Related Stocks

- [RAYA.US](https://longbridge.com/en/quote/RAYA.US.md)

## Related News & Research

- [Erayak Power Solution Group Raises US$400,000 via Regulation S Share Placement to Non-U.S. Investors](https://longbridge.com/en/news/282250931.md)
- [Atria Investments Inc Sells 24,953 Shares of PayPal Holdings, Inc. $PYPL](https://longbridge.com/en/news/286730507.md)
- [Evergreen Wealth Management LLC Takes $1.54 Million Position in PayPal Holdings, Inc. $PYPL](https://longbridge.com/en/news/286874221.md)
- [Sezzle Inc. $SEZL Shares Purchased by UBS Group AG](https://longbridge.com/en/news/286898740.md)
- [Who Knew Glass Was So Important to AI? Corning's (GLW) Q1 Report Made It Clear](https://longbridge.com/en/news/286857040.md)