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 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.
Raytech Holding Limited, a Hong Kong-based company specializing in personal care electrical appliances, reported a strong financial performance in fiscal year 2024, with a 47.1% increase in revenue and a 57.9% growth in net income.
Raytech Holding Limited, a Hong Kong-based company specializing in personal care electrical appliances, announced the closing of the underwriters' over-allotment option in connection with its initial public offering, raising an additional $452,332 in gross proceeds.
