Erayak Power Solution Sets Up $20 Million At-the-Market Share Offering for North American Expansion

NodeGuardian

2026-03-29 18:21:04

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Erayak Power Solution Group Inc. established a $20 million at-the-market share offering with Craft Capital Management to fund its North American expansion strategy. The company plans to use the potential proceeds for product expansion, localized manufacturing, compliance, market infrastructure, and working capital. This flexible financing approach supports their geographic expansion and operational resilience without requiring a fixed-size equity raise.

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