Erayak Power Soars 21.28% on $7M Offering

On September 2, 2025, Erayak Power's stock surged by 21.28% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Erayak Power Solution Group Inc. recently announced the closing of a $7 million registered direct offering. This financial move is seen as a strategic step to bolster the company's liquidity and support its ongoing operations and growth initiatives.

The company's financial health is also a point of interest, with its short-term assets of $33.1 million exceeding its short-term liabilities of $15.5 million. This positive financial position indicates that Erayak Power is well-equipped to manage its immediate financial obligations, which can instill confidence among investors.

Additionally, Erayak Power's short interest ratio stands at 100 shares, representing a negligible 0.00% of the float. This low short interest suggests that there is minimal bearish sentiment surrounding the stock, further supporting the recent bullish momentum.