Erayak Power Solution Group Inc., a prominent name in the power supply industry, has announced a $3 million registered direct offering. The company has entered into a securities purchase agreement with institutional investors to sell a total of 30,612,246 Class A ordinary shares at a price of $0.098 per share. The offering also includes the option for pre-funded warrants with an identical purchase price minus an exercise price of $0.0001 per share. The transaction is anticipated to close around July 28, 2025, pending customary closing conditions. Craft Capital Management is serving as the sole placement agent for this offering. The initiative is being conducted under a shelf registration statement previously filed and approved by the SEC.