Erayak Power Solution Group regains Nasdaq compliance after reverse stock split
PositiveFinancial Markets

Erayak Power Solution Group has successfully regained compliance with Nasdaq's listing requirements following a reverse stock split. This is significant as it allows the company to maintain its presence on a major stock exchange, which can enhance investor confidence and potentially attract new investments. The move reflects the company's commitment to improving its financial standing and operational stability.
— Curated by the World Pulse Now AI Editorial System