Raytech Holding Limited Ordinary Shares
RAYRaytech Holding Limited, trading under the ticker symbol RAY, is a company involved in the manufacturing and trading of electrical and electronic products. The company focuses on providing innovative solutions in electrical infrastructure, including wiring accessories, switches, and related components, serving both industrial and consumer markets.
Company News
Raytech Holding Limited (NASDAQ: RAY) closed a registered direct offering of 3,149,832 ordinary shares at $1.97 per share, raising approximately $6.2 million. The company plans to use net proceeds for general corporate purposes, strategic expansion into personal health care electronics, and integration costs related to its acquisition of Worry Fr...
Raytech Holding Limited (NASDAQ: RAY) announced a strategic expansion into personal health care electronics services through its subsidiary Raytech Innovation Limited, focusing on product design, development, and consultations. The company appointed Mr. Haoyuan Liu as Chairman and Executive Director effective April 15, 2026. With HK$121.5 million...
Raytech Holding Limited received a Nasdaq notification that it no longer meets the minimum bid price requirement of $1 per share. The company has 180 days to regain compliance or risk potential delisting.
Raytech Holding Limited completed a public offering of 25,985,000 ordinary shares at $0.20 per share, raising approximately $5.197 million. R.F. Lafferty & Co., Inc. acted as the sole placement agent for the offering.
Raytech Holding Limited, a Hong Kong-based company specializing in personal care electrical appliances, reported a 31% increase in revenue but a 27.5% decrease in net income for the six months ended September 30, 2024. The company cited higher operating expenses as the primary reason for the decline in profitability.
