Erayak Power shares surge 11.17% intraday following announcement of 220-for-1 reverse stock split to avoid Nasdaq delisting.

Erayak Power Solution Group Inc. surged 11.17% intraday following the announcement of a 220-for-1 reverse stock split effective September 30, 2025. The move, disclosed on September 25, aims to address Nasdaq delisting risks by raising the stock’s price, which had fallen below compliance levels. This action signals the company’s proactive strategy to maintain its listing and stabilize investor confidence, overshadowing recent negative developments such as a full-year 2024 loss and prior delisting notices. The reverse split, combined with governance changes and shareholder approvals, likely drove immediate optimism among traders, aligning with the sharp intraday rally.