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Erayak Power Solution Group Inc. completed its initial public offering on NASDAQ on December 14, 2022, pricing at $4.00 a share.
| Ticker | RAYA |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | December 14, 2022 |
| Offering price | $4.00 |
| Shares offered | 3,000,000 |
| Total raised | $12M |
Erayak Power Solution Group Inc. sold 3,000,000 shares at $4.00 each on NASDAQ. Multiplied out, that is $12 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $12 million total recorded for the deal.
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Source: SEC EDGAR filings for Erayak Power Solution Group Inc.. This page is general information, not investment advice.